Are you a busy professional looking towards further education and advancement of your career with an MBA degree from a top Canadian university? Or perhaps you live outside of Canada and are unable to attend on-campus classes, but still want to pursue an MBA to upgrade your career? Discover these top online MBA programs in Canada curated based on popularity, ranking factors, affordability & job placements in the recent years for both Canadian & international students. Whether you are looking to enhance your skills, expand your network, or make a career change, these top programs of online MBA in Canada can help you achieve your goals without ever having to step foot on campus.
Best Online MBA Colleges In Canada for international students
If you are someone looking out for an Online MBA in Canada, but worried about the finances? No worries! Our shortlist got you covered with cheap online MBA programs in Canada too which are worth to study along with the top ranked courses. Check and compare the universities and call us for further help.
Below list is sorted by tuition fees range.
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PictureUniversityTop ElectivesDetails
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Business Analytics
Finance
Human Resources Management
Digital Marketing
Private University
QS Rank – 5 Star
Fee: CAD 20,325
Duration: 2 Years -
Human Resource Leadership
Business Analytics Leadership
Consulting LeadershipPublic University
QS Rank – 26
Fee: CAD 25,993
Duration: 2-3.5 Years -
Sustainable InnovationPublic Research University
QS Rank – 322
Fee: CAD 30,000
Duration: 16 months -
Strategic Management
Business Analytics
International Business
Corporate FinancePublic University
QS Rank – 1001-1200
Fee: CAD 30,000
Duration: 2 Years -
Hospitality and Tourism Management
Food and Agribusiness ManagementQS Rank – 591-600
Fee: CAD 40,607.37
Duration: 2 Years -
Financial and Managerial Accounting
Human Resource Management
Marketing ManagementQS Rank – 110
Fee: CAD 50,828
Duration: 1.5 to 3 Years -
Financial and Managerial Accounting
Human Resource ManagementQS Rank – 110
Fee: CAD 57,000
Duration: 3 to 4 Years
Apart from the above mentioned popular courses, these universities offer many other programs & career opportunities in various fields. As per our recent student surveys, getting a degree in any of these Online MBA colleges in Canada is definitely worth it.
Top Online MBA programs in Canada
- Executive MBA
- International Business Management MBA
- MBA Finance
- Master of Business Administration (Online)
- Blended Online MBA
- Online MBA in Sustainable Hospitality Management
- Part- time online MBA
- Online MBA International Business
- MBA Blockchain Management
- Accelerated MBA
Top Universities Offering 1-Year Online MBA in Canada
Usually, 1-year online MBA or Accelerated online MBA programs are ideal for working professionals with a strong work experience (ideally 5+ years) and a clear career goal. These programs typically assume a solid foundation in business fundamentals and focus on advanced management skills and leadership development.
Below are some universities offer accelerated programs that can be completed in a shorter timeframe than the standard 2-year duration:
- Carleton University – Sprott School of Business: Provides an online MBA program that can be completed in 12-24 months, depending on your chosen pace. They focus on experiential learning and career development, and require a bachelor’s degree and at least two years of work experience for admission.
- McGill University – Desautels Faculty of Management: Offers an 18-month online Executive MBA program designed for experienced professionals. The program equips students with the knowledge and skills to lead and manage in complex global environments.
- Thompson Rivers University – Bob Gaglardi School of Business and Economics: Offers a 1-year accelerated online MBA program alongside a traditional 2-year format. This program requires no GMAT scores or work experience for admission.
- University of Alberta – Alberta School of Business: Provides a 16-20 month online Executive MBA program designed for working professionals with significant management experience. The program focuses on strategic decision-making, leadership, and innovation
- University of Canada Graduate School of Management (UofCGSM): Offers a 16-month online Executive Master of Business Administration (EMBA) program designed for experienced professionals who want to advance their careers. The program focuses on global business strategy, leadership, and innovation.
Why Study Online MBA In Canada?
- Rapid Growth in Enrollment: In 2022, the enrollment numbers for online MBA programs in Canada surpassed 10,000 students, and this figure is projected to experience continued growth in the upcoming years. The increasing popularity of online education underscores the recognition and demand for flexible learning options.
- Lucrative Career Opportunities: Graduates of these best MBA online programs in Canada enjoy attractive career prospects, with an average salary exceeding CAD $100,000 per year. This figure significantly surpasses the average earnings of individuals holding a bachelor’s degree, making an online MBA a lucrative investment in one’s professional future.
- AACSB Accreditation: Canada’s top online MBA programs hold accreditation from the Association to Advance Collegiate Schools of Business (AACSB), considered the gold standard in business education. This accreditation ensures that students receive a high-quality education, with curriculum and faculty meeting rigorous standards of excellence.
- Cost-Effective Education: Opting for one of the best online MBA courses in Canada is often more cost-effective compared to traditional on-campus programs. This financial advantage makes online MBA programs an appealing choice, especially for working professionals seeking to enhance their skills without incurring substantial financial burdens.
- Flexibility in Learning: One of the key advantages of pursuing an online MBA in Canada is the flexibility it offers. Students have the freedom to study at their own pace and on their own schedule. Additionally, course materials and lectures are accessible from anywhere in the world, providing a level of convenience that is especially beneficial for individuals balancing work and education.
Traditional MBA vs Online MBA
Is there any difference between an EMBA online and a traditional MBA in Canada? Let’s find out in terms of various aspects like flexibility, networking, and more.
| Aspect | Online MBA in Canada | Traditional MBA in Canada |
|---|---|---|
| Flexibility | Study from anywhere with internet access | On-campus attendance required |
| Networking | Virtual connections globally | Local networking opportunities on campus |
| Learning Environment | Self-directed online learning | Classroom setting with face-to-face interaction |
| AACSB Accreditation | Top programs accredited online | On-campus programs also seek accreditation |
| Cost Considerations | Often more cost-effective | May incur higher on-campus expenses |
Online MBA Canada Admission Process
Enrolling in an online MBA program in Canada demands a thorough understanding of the admission process. Here’s a step-by-step guide to help aspiring candidates navigate through the application journey and pursue their MBA dreams.
- Check Admission Requirements:
- Ensure you have a bachelor’s degree from a recognized institution.
- Maintain a minimum GPA and showcase a few years of professional experience.
- Prepare letters of recommendation (LOR), a compelling statement of purpose (SOP), and a comprehensive resume/CV.
- Gather Documents:
- Collect essential documents such as transcripts from previous educational institutions, resume/CV, and letters of recommendation.
- Be attentive to any additional documents specified by the university for a comprehensive application.
- Submit Application:
- Complete the online application form provided by the university.
- Input personal information, upload required documents, and respond to specific essay questions as part of the application process.
- Pay Application Fee:
- Pay the non-refundable application fee, covering the cost of processing your application.
- Explore universities in Canada that offer application fee waivers if applicable.
- Online MBA Course in Canada Eligibility Criteria:
- Documents Requirement for Online MBA in Canada:
- Essential documents include a Canada student visa, medical certificate, proof of application fee payment, professional qualifications, and recent passport-size photographs.
- Demonstrate proof of sufficient financial resources to cover your stay in Canada.
Career Prospects Of An Online MBA In Canada
Canada: Senior management earns between CAD 80,000 and CAD 200,000+ while a financial analyst and a marketing manager earns from CAD 60,000 to CAD 110,000 per year. However, an investment banker earns as much as from CAD 100,000 to CAD 200,000+ per year. A management consultant earns from CAD 70,000 to CAD 150,000+ while a HR Manager earns from CAD 60,000 to CAD 120,000 per year.
USA: Senior management earns anythings between USD 90,000 and USD 250,000+ while a financial analyst earns a salary from USD 60,000 to USD 130,000 per year. An investment Banker has the potential to earn from USD 100,000 to USD 300,000+ while a marketing manager earns from USD 60,000 to USD 130,000 per year. A management consultant gets a salary range of USD 80,000 to USD 160,000+ while a HR Manager gets a salary from USD 60,000 to USD 130,000 per year.
UK: Senior management earns from £60,000 to £200,000+ while a financial analyst receives a salary of £40,000 to £90,000 per year. An investment banker can earn from £80,000 to £250,000+ per year. A marketing manager earns between £40,000 and £90,000, management consultants earn from £50,000 to £120,000+ while a HR Manager earns between £40,000 and £90,000 per year.
Top Recruiters For Online MBA Courses In Canada
- Goldman Sachs
- Amazon
- HSBC
- RBC Asset Management
- KPMG, LLP
- EY
- TD Canada
- Canadian Imperial Bank of Commerce
- Thomas Reuters
- Rogers Group Inc
Online MBA Scholarships
| University | Scholarship Name | Eligibility Criteria | Rewards and Grants |
|---|---|---|---|
| Carleton University | International MBA Scholarship | Academic excellence, leadership, and diversity. | CAD 10,000 |
| McMaster University | International MBA Scholarship | Academic excellence, leadership, and diversity. | CAD 10,000 |
| Dalhousie University | International MBA Scholarship | Academic excellence, leadership, and diversity. | CAD 10,000 |
| University Canada West | Global Excellence Scholarship | Demonstrated academic excellence, leadership, and potential to contribute to the UCW community. | CAD 10,000 |
| University of Alberta | International Student Scholarships | Academic excellence, leadership, and financial need. | Varies |
| University of Western Ontario | International Students Scholarship | Academic excellence, leadership, and diversity. | CAD 10,000 |
| Queen’s University | MBA International Scholarship | Academic excellence, leadership, and diversity. | CAD 20,000 |
| Florida International University | Global Scholarships | Academic excellence, leadership, and diversity. | Varies |
| Athabasca University | Athabasca University International Scholarship | Academic excellence, leadership, and diversity. | CAD 5,000 |
Frequently Asked Questions
An offline MBA can be much more rewarding in terms of connection building and exposure however the online MBA program can bring you time independence and less pressure from the curriculum than the offline one both of them have their own pros and cons and hence it might differ from student to student and what are you looking for is it the exposure or is it time availability.
The University Canada West is the best and cheapest university one should look for an online MBA.
The cost of an online MBA can range anywhere from CAD 30,000 to as much as CAD 123,500.
GMAT is not a compulsion for admissions to online MBA programs, specially if you have prior work experience. However, you should confirm the eligibility criteria with the university you are applying for.
Yes, there are many options to choose from such as the Executive MBA or the part- time MBA specially designed for working professionals.