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Is McGill University MBA Worth It? Cost, Salary & ROI Guide

Is McGill University MBA Worth It? ROI Analysis & Career Impact

is mcgill university mba worth it

Key Takeaways:

• Is McGill University MBA worth it? Yes, it offers strong global recognition with FT rank 68.

• Graduates earn an average salary of CAD 114,000 after completing the MBA.
• 94% of students secure jobs within 3 months of graduation.
• Flexible program length: 12, 16, or 20 months based on student needs.
• Global alumni network of 30,000+ for career support worldwide.

Is an MBA from McGill University a smart choice? Many students ask this while exploring their options for business schools in Canada. McGill’s Desautels Faculty of Management offers a well-recognized MBA program that combines strong academics with real-world learning. Located in Montreal, it gives students access to a global business environment and a diverse student group. The school is ranked 68th in the Financial Times Global MBA Rankings, which makes it one of the leading options in the country. Students also benefit from McGill’s wide alumni network, career services, and strong ties with companies.

In this post, we’ll cover everything tuition fees, salaries after graduation, job outcomes, and more to help you decide if the McGill University MBA is worth it.

Benefits of Studying McGill MBA

Benefits of Studying McGill MBA

McGill University, situated in Montreal, Canada, offers a full-time MBA program designed to prepare students to become effective managers and leaders. The program is well-known for its academic excellence, international perspective, and global reach.

  • Strong Alumni Network: The McGill MBA program has a robust alumni network, connecting students with successful professionals in various industries. This network can provide valuable mentorship, networking opportunities, and potential career prospects.
  • Diverse Cohort: The program attracts a diverse cohort of students from around the world, fostering a multicultural and inclusive learning environment. Interacting with classmates from different backgrounds enhances cross-cultural understanding, global business perspectives, and the ability to work effectively in diverse teams.
  • Global Perspective: McGill University is renowned for its international perspective, which is reflected in the curriculum and faculty. Studying at McGill exposes students to a wide range of global business issues and prepares them to navigate the complexities of the global marketplace.
  • Practical Learning Opportunities: The program emphasizes experiential learning, offering opportunities such as case competitions, consulting projects, and internships. These hands-on experiences allow students to apply their knowledge and skills in real-world business settings, enhancing their practical capabilities.

What Is the Cost of Doing an MBA From McGill University?

MBA & its Competitors

Doing an MBA from McGill University is a big investment. For the Fall 2025 intake, international students pay CAD 105,500 in tuition fees. Canadian citizens and permanent residents get a CAD 21,000 discount, bringing their fee down to CAD 84,500. Besides tuition, there’s also an international study trip that costs around CAD 3,000 (not including airfare).

On top of that, students need to plan for living expenses in Montreal, which can vary depending on personal lifestyle. McGill offers tools like the Frugal Scholar Toolkit and different financial aid options to help students manage costs better.

Here’s a quick cost summary:

Expense Amount (CAD)
Tuition (International) 105,500
Tuition (Canadian/PR) 84,500
Study Trip 3,000
Living Expenses Varies

McGill MBA Jobs, Salary & ROI

McGill MBA Jobs & ROI

The McGill MBA program offers strong career outcomes that make many students ask — is McGill University MBA worth it? With high placement rates, strong salaries, and solid ROI, the program stands out among Canadian MBA options. Graduates find jobs quickly across consulting, finance, technology, and more. Global companies regularly hire from McGill, helping many students recover their investment within a few years. Below, let’s take a closer look at the jobs, salary outcomes, and return on investment to understand if the McGill University MBA is worth it for your career.

Job Opportunities After McGill MBA

Graduates of McGill University's MBA program secure positions across various industries, with a significant presence in consulting, finance, and general management. Notable employers include Amazon Web Services, Bain & Company, Deloitte, EY, and RBC. The program's strong industry connections and dedicated career services contribute to a high employment rate within three months of graduation.

Salary Outcomes for McGill MBA Graduates

McGill MBA graduates report competitive salaries. The average base salary stands at CAD 114,064, with a median of CAD 98,500. Additionally, 36% of employed students receive signing bonuses, averaging CAD 32,143. Salaries vary by industry: consulting roles offer an average of CAD 124,778, finance positions average CAD 113,330, and general management roles average CAD 90,800.

Salary Overview

Category Average Salary (CAD) Median Salary (CAD)
Base Salary 114,064 98,500
Signing Bonus 32,143 15,000

Salary by Industry

Industry % Employed Average Salary (CAD)
Consulting 41% 124,778
Finance 14% 113,330
General Management 22% 90,800

Return on Investment (ROI) of McGill MBA

McGill's MBA program is recognized for its strong ROI. With a tuition fee of CAD 105,500 for international students and CAD 84,500 for Canadian citizens and permanent residents (after a CAD 21,000 waiver), graduates often recoup their investment swiftly. The combination of competitive salaries, high employment rates, and robust alumni networks contributes to the program's top ranking in Canada for ROI, according to the QS 2025 Global MBA Rankings.

To get detailed information the Admissions | McGill University MBA

How is McGill MBA Good for Indian Students?

How is McGill MBA Good for Indian Students?

Is McGill University MBA worth it? McGill MBA offers several benefits for Indian students. The program provides an international perspective and exposure to a diverse student body, which can enhance cultural understanding and global business acumen. Additionally, the reputation of McGill University and its strong alumni network can open doors to job opportunities for Indian students in Canada and beyond. Here are some ways in which McGill MBA can benefit Indian students:

  • Cohort Diversity: The McGill MBA program attracts a diverse cohort of students from around the world, including many Indian students. Interacting with classmates from different cultural, educational, and professional backgrounds enriches the learning experience and fosters cross-cultural understanding.
  • Global Perspective: The program offers a global curriculum and faculty, exposing Indian students to a wide range of global business issues. This exposure helps develop a global mindset and equips students to tackle the challenges of the global marketplace effectively.
  • Case Studies and Discussions: The program incorporates case studies and discussions that cover a variety of industries and business scenarios. Indian students can gain insights into different business models, practices, and strategies from around the world, broadening their perspectives and enhancing their problem-solving skills.
  • International Job Market: Completing an MBA from McGill University provides Indian students with access to a global job market. McGill's reputation and alumni network can facilitate connections and job opportunities in international companies and organizations, including those with operations in India.
  • Alumni Network: The strong and diverse McGill MBA alumni network includes successful professionals from various industries and regions, including India. This network can serve as a valuable resource for Indian students, offering mentorship, networking opportunities, and potential job leads.
  • Multinational Companies: Montreal, where McGill is located, is home to numerous multinational corporations. Indian students studying at McGill have the advantage of proximity to these companies, which can open doors to internships, networking opportunities, and potential job placements.
  • Entrepreneurship and Startups: McGill University supports entrepreneurship and innovation through initiatives like the Dobson Centre for Entrepreneurship. Indian students with entrepreneurial aspirations can benefit from the resources, mentorship, and networking opportunities provided, helping them turn their business ideas into reality.
  • Indian Student Associations: McGill University has student associations dedicated to fostering a sense of community among Indian students. These associations organize cultural events, festivals, and networking opportunities, helping Indian students feel at home and connect with their fellow countrymen.
  • Diversity and Inclusion: McGill promotes diversity and inclusion on campus, creating a welcoming environment for students from all backgrounds. Indian students can find support and resources to adapt to the Canadian academic and social environment.

Overall, the McGill MBA program offers Indian students diverse learning experiences, exposure to a global perspective, access to a wide range of career opportunities, and cultural support. These factors combine to make the program a compelling choice for Indian students seeking to enhance their business knowledge, expand their professional network, and pursue successful careers, both in India and abroad.

McGill MBA Rankings

McGill is one of the top MBA colleges in Canada and its rankings are a testament to its academic excellence and reputation. It ranks 68th in the Financial Times Global MBA Ranking, showcasing its standing among other top business schools worldwide. This recognition highlights the quality of education and the value of a McGill MBA degree.

Life at McGill's 

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Conclusion

Is McGill University MBA worth it? For many students, it can be a smart choice. The program offers good job opportunities, solid salaries, and strong global recognition. While it's not at the very top of global rankings, it still gives good value for the money, especially for those who want to build their careers in Canada or North America. In the end, it depends on your personal goals, budget, and where you want your career to go.

Know Your Author
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Abhyank Srinet
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Study Abroad Expert

Abhyank Srinet, the founder of MiM-Essay, is a globally recognized expert in study abroad and admission consulting. His passion is helping students navigate the complex world of admissions and achieve their academic dreams. Abhyank earned a Master's degree in Management from ESCP Europe, where he developed his skills in data-driven marketing strategies, driving growth in some of the most competitive industries.


Abhyank has helped over 10,000+ students get into top business schools with a 98% success rate over the last seven years. He and his team offer thorough research, careful shortlisting, and efficient application management from a single platform.

His dedication to education also led him to create MentR-Me, an AI-powered platform that offers personalized guidance and resources, including profile evaluation, application assistance, and mentoring from alumni of top global institutions.

Continuously adopting the latest strategies, Abhyank is committed to ensuring that his clients receive the most effective guidance. His profound insights, extensive experience, and unwavering dedication have helped his clients securing of over 100 crores in scholarships, making him an invaluable asset for individuals aiming to advance their education and careers and leading both his ventures to seven-figure revenues.

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