MBA in Canada without GMAT: Canada has escalated in the international study destination game, home to over 100 institutions of higher education. The 1-2 year graduation program is an MBA in Canada that offers rapid returns on investment. These prestigious business schools cost from USD 16,000 to 80,000 in order to graduate with an MBA in Canada degree. This ranges between 11 lakhs and 59 lakhs (mostly influenced by the institution selection) for an Indian student. Annually you can receive up to $80,000 to $200,000 (~59 to €1.4 per year).
New figures show that MBA graduates to study in Canada have seen a substantial increase in jobs in Canada. For instance, within 3 months of graduation with an average salary range of $48,000 to $190,000, 89 percent of students at Schulich Business School (Class 2017). Financial services, technology, retail, advising, and immobilization industries are the main areas for recruitment. Likewise, 90 percent of MBA students were put in functional fields like finance, general management, marketing, and business growth at the University of McGill’s Desautels Faculty of Management.
Why study an MBA in Canada without GMAT?
As per the QS MBA Rankings (2021), nine Canadian universities have become among the world’s top 150 universities for MBA. One of the top 10 subjects with the highest degree salaries in Canada is a business degree.
Simpler Visa & Immigration Process:- Students who have ever considered learning abroad cannot argue that the complex visa and immigration process will pose a considerable discouragement. An additional benefit to MBA candidates is the provision of simple immigration policies and the choice for Indian students to receive a faster visa.
Especially in Canada, financial services remain strong and have developed by approximately 11.6 percent in the last ten years ( 2007-2017). For an MBA student in Canada, the chances of working in the industry are higher.
Entrepreneurship is always available to a graduate of MBA in Canada with funding to small companies and start-ups.
Some of the top MBA Colleges and Business Schools in Canada
Some of Canada’s best corporate schools are ranked among the world’s top QS MBA classifications (2021). Any of these and the percentage of annual students and costs for an MBA program are listed below. There are a number of MBA programs available in Canada to foreign students. The following table shows the duration of the full-time MBA programs.
List of Full-time MBA Colleges in Canada:
- Concordia University
- University of British Columbia
- University of Alberta
- York University
- Queen’s University
- University of Western Ontario
- McGill University
- University of Toronto
Different Types of MBA in Canada without GMAT
In Canada, there are many types of MBA degrees that address international students ‘ diverse desires and needs. Some of the following are detailed:
Full-Time MBA: An MBA program prepares a student to join the workforce as a leader with an awareness of the diversity of the Canadian workforce. The curriculum typically lasts for one-two year and students can undertake full-time studies. A student who can devote his or her time only to research can better use the software.
Part-time MBA: A long-term MBA program comparable with FT-MBA but more fit for working professionals pursuing a certification in accordance with employment. IMBA provides input from a variety of the best professors in the world and offers opportunities to collaborate with the most prominent leaders of the world’s industries. Besides individual growth, international students are also exposed to global experience, for example, international field studies and global courses. Usually, 20-28 months is the length of the program.
Executive MBA: The length of this program is typically 13 months, where both personal and professional returns on investment. It is ideal for students who want to study and who want to acquire practical business knowledge along with learning from the classroom.
Requirements for MBA in Canada
In order to qualify for an MBA from Canada, foreign applicants shall ensure that they meet the basic criteria of the degree. You need to know the basic application process and the eligibility of the top MBA universities in Canada. Some of the information that international students need to know when applying for an MBA in Canada are given below.
The Online Application: Each university has its own portal for applications where applicants must register and complete the application form. In certain situations, the applications can need to be completed through unique provincial application portals.
The Application Fee: Applicants have to pay an application fee (in Canadian funds) along with the completion of an online application. The fee will be charged by credit card and cannot be reimbursed when you send the application form online.
MBA in Canada Without GMAT – The Eligibility Criteria
Most business schools in Canada apply for an MBA score sheet on the basis of which admission is given, which offers a graduate management examination (GMAT). However, if you’re an MBA nominee who doesn’t do really good research, you don’t have to worry. You’re not entirely fortunate. In admission decisions, students are assessed by means of education and work experience for their analytical, decision-making, communication, and leadership skills.
Many of Canada’s top universities without their GMAT scores recognize applicants as long as they satisfy some other criteria. Some of them include the Schulich School of Business, York University, Smith School of Business, Queen’s University, and many more.
Rather than GMAT grades, these universities are subject to other criteria, such as a BA or equivalent B+ average or higher graduation. Another prerequisite is that students have full-time experience of at least two years.
MBA in Canada without Work Experience
Although different business schools in Canada do not generally need work experience as part of an admission process, the profiles of these schools suggest that they favor students with up to 3-4 years of work experience. Some B-schools can still be found in Canada, but you have no job experience in joining an MBA program. Any of the following are:
- New York Institute of Technology (Vancouver, BC): You need to apply GMAT results for MBA admissions and you do not need job experience.
- University Thompson Rivers: Although the university favors students with work experience, university entry is not compulsory.
- University of Cape Brenton: You do not need job experience to qualify for the MBA Program.
- Windsor University: admission to MBA requires no prior work.
- Brock University: Without prior experience, the university allows you to apply for an MBA.
Various Scholarships to study in Canada
As foreign students are burdened with funding for their study expenses, international students are searching for scholarships to study in Canada. Below are some of the famous MBA scholarships to study in Canada:
| Scholarship | Cost | Offered By |
| Scotiabank Scholarships | Up to 20,000 | Schulin School of Business |
| MBA Entrance Scholarship | Up to 7500 – 11,500 | Haskayne School of Business |
| Ivey MBA Scholarship | Up to 10,000 | Ivey Business School |
| Global Business Leader of Tomorrow | Up to 10,000 – 15,000 | Sauder School of Business |
| MBA Excellence Award | Up to 20,000 | Rotman School of Management |
| Women in Business Excellence Award | Up to 10,000 | Rotman School of Management |
Scope for MBA in Canada
The Canadian university allows foreign students to automatically get a three-year work permit from Canada who completes two years of master’s programs. As the world’s second-largest nation, Canada opens many doors in terms of employment opportunities to MBA students. Any of the following are addressed in the following:
Finance and consultancy:- The key hires of MBA students in Canada remain conventional employers, financial services companies, and consultative firms.
SMEs: Small and medium-sized businesses are becoming one of the Business School’s main job talent markets. This choice is a great learning and exposure opportunity for MBA students specially trained in the management field.
Technology: Technology has exceeded any other economic field living in the 21st century. For MBA students, technology-based companies have always been the most appealing career option.
Some of the popular job destinations for MBA in Canada without GMAT:
- Strategy Director
- Business Advisor
- Project Manager
- Manager
- General Manager
- Business Development Manager
A number of scholarships for MBA pursuance in Canada are available. Some universities give their MBA applicants special scholarships as well.