8 Best MSBA Schools In Canada

Canada is a country where people from diverse cultures live together. Therefore, studying for masters in business analytics in Canada is an excellent option for people who wish to connect with people from different backgrounds to have one-on-one discussions about anything and everything.
On the other hand, Canada is said to have one of the most qualified faculties and a great study system; that is the reason why we see students choosing Canada as their utmost priority for higher studies abroad.

It is said to be the world’s top destination for learning and the various work opportunities it provides to the students while they work. Moreover, it works as an added advantage to students’ everyday lives; they earn a good amount of money and bear the expenses.
Student’s gain international exposure while studying and stimulating innovation and new ideas. Also, Canada’s education is known to be cheaper than that of the US. The education here is affordable and highly comprehensive. Moreover, holds some of the top colleges and universities worldwide for studying masters in business analytics in Canada.

These universities manage to consistently feature in the high ranking universities lists like Times Higher Education, QS Research etc. Owing to a politically stable and geographically magnificent country having a solid legal system with a meagre crime rate, it is no surprise that every year around half a million students from all over the world flock to Canada to learn, train, and train and earn. 

Top Business Schools for MSBA in Canada

 Why study Masters in Business Analytics in Canada?

High Demand for Graduates: It is no surprise to anyone that the current business scenario is heavily dependent on the huge amounts of data generated daily, which then needs to be properly collected, analyzed, and inferred by professionals. In other words, these professionals are experts in Big Data, Business Analytics, and Data Science fields, which are trending nowadays. Therefore, students opting for a Masters in Business Analytics in Canada, one of the one-year management courses in Canada, and Big Data prove to be an asset for the job market. That is to say, the large amounts of data collected by an organization get transformed into meaningful data to benefit the organization.

Unique Curriculum: There are many countries like the USA, Canada, Australia, Europe, etc., that are actively offering great master’s courses in Business Analytics and Big Data. Though the country that has come into the limelight because of the quality of its courses and employment prospects after MSBA in Canada. Students often go for MSBA in USA also, due to it’s high job opportunities. 

Employment Opportunities: Canada is a country offering many advantages that appeal to international students looking for employment prospects after graduation and students who aim to make the correct choice of study. Most importantly, the programs that its B schools offer are helping graduates prepare to thrive in the world’s most desired and in-demand field – Business Analytics.

Ease of Living: International students in Canada find it quite easy to communicate in French and English. Furthermore, because Canada has a high quality of life, it is very easy to blend in with the locals.

Specialization and Courses for Masters in Business Analytics in Canada

Canada has emerged as one of the strongest economies in the world. Moreover, people residing in Canada enjoy high standards of living and also an internationally renowned education system.
Consequently, students who aim to study Masters in Business Analytics in Canada get the options to choose from Universities like British Columbia, York University, UBC, HEC, Saint Mary University, and so many top names in educational institutions worldwide. Some of the best MSBA schools are in Australia.  That said, to make a successful career in BA, students can have study options in the following Best college for Masters of Business Analytics in Canada:

1. Masters of Business Analytics – UBC

This 12-month program of UBC, Vancouver provides students with a quantitative background of analytical skills, which can furthermore be applied to meet the challenges of the current business world. In addition, the students under the expertise of programs that are created to master Business Analytics will definitely move a step closer to a successful Business Analytics career.

2. Master of Business Analytics-Saint Mary’s University

Saint Mary’s University’s MBAN program is a graduate-level, 16-month program that is crafted to meet data and analytics challenges. That is to say; the program develops talented computing and data analysts who contribute to the organization’s success.

3. Masters in Business Analytics – York University

For overseas students, York University provides a variety of courses ranging from certificates to degrees to diplomas. Interested and eligible students can apply to 178 undergraduate certificate programs, 92 postgraduate diploma programs, and 41 Ph.D. programs at three distinct levels. The Schulich School of Business offers a 12-month full-time course for Masters in Business Analytics in Canada that is designed to give the students the tools and skills to become BA experts. Moreover, the students get the prestigious SAS Certification when they finish the program. Canada also has cheap and affordable universities options for international students.

4. M.Sc. in Data Science and Business Analytics – HEC Montreal

The HEC Montreal‘s MSc. in Data Science and Business Analytics course is a 16–24-month course that gives its students the much-required skills and knowledge of data and analytics. Moreover, it is the oldest business school in Canada, with international students opting to study in this prestigious institution.

5. Big Data Management & Analytics – University of Ottawa

The University of Ottawa is an active, engaged, and vibrant center for human learning and growth, providing an outstanding educational experience. The Telfer School of Management, Ottawa, provides courses in Business Analytics that offer its students the knowledge and skills required to drive performance and change in companies.
Above all, it thus helps organizations to improve their productivity.

6. Masters of Management Analytics – Queens University

Queens University is located in Kingston, Ontario, Canada. Montreal and Toronto, Canada’s two largest cities, are both within driving distance of the institution. Future applicants can acquire any information they need before applying by visiting the campus and the visitor center, where there are various tours and open houses for students. The main campus is around 100 acres. The campus is home to various great museums and arts facilities, as well as a fully integrated network of six libraries. The Queens University MSBA program includes all the courses that can be applied to certification requirements. Subsequently, you can also get the best-in-class degree in just 12 months. This program allows you to work but is a full-time program. The program helps you prepare for the SAS Certification and become a leader in the BA software.

Other Universities Offering Programs in Masters in Business Analytics in Canada

Eligibility Criteria for Masters in Business Analytics in Canada

All the top universities for Masters in Canada have a general eligibility criteria for admission to Masters in Business Analytics in Canada:

• Candidates must have a bachelor’s degree, preferably a four-year degree, with required subjects such as Statistics, Algebra, and Calculus to get admission in MSBA in Canada.
• Experience with computer programming and data analytics is required.
• GRE/GMAT scores, as well as other English proficiency tests such as
• TOEFL, IELTS, PTE, are also required for MSBA in Canada
• GPA of 3.0 on a scale of 4.0, implying a percentage score of 76-81 percent and a letter grade of B or higher.

Documents checklist for Masters in Business Analytics in Canada

Applicants for master’s programs must submit a variety of documents with their applications. The following documents are required for admission to the Masters of Business Analytics in Canada:

• Transcripts: Previous institution certificates, mark sheets, and other documents must be submitted. Some universities require original transcripts from applicants. Some universities, however, require applicants to submit certified original copies of their transcripts.
• Proof of Language Proficiency: International applicants who are not native English speakers must provide proof of language proficiency. Applicants may submit standardized language test results. The following are the minimum score requirements for studying MS Business Analytics in Canada:
• IELTS: 7.0 on the IELTS (with a band score of 6.5 each). Carleton University requires an overall score of at least 6.5.
• TOEFL (iBT) score: 100. Carleton University requires an overall score of at least 87.
• Letters of Recommendation: MS in Business Analytics applicants must submit academic or professional letters of recommendation. Most universities require two to three letters of recommendation.
• Resume/CV: In addition to the application, an updated professional resume is required.
• SOP: Statements of intent and personal essays are examples of supporting documents that may be required for admissions.

Exams Required for Masters in Business Analytics in Canada

Candidates interested in pursuing a Masters of Business Analytics in Canada must first have a four-year Bachelor’s degree. Experience in computer programming, data analytics, or mathematical modeling would be advantageous during the selection process. Candidates would also be required to take an English proficiency test such as TOEFL, IELTS, or PTE, as well as GRE and GMAT exams, depending on the University’s individual requirements.

Cost of Studying Masters in Business Analytics in Canada

The cost of living for international students in Canada is much lower than living in cities like New York and London.
Subsequently, in the first year of your business school, it is widespread for students to choose campus accommodation. This is because they share the dormitory with one more roommate.
The on-campus accommodation costs somewhere between CAD$ 3000-7500. After which a three-bedroom apartment on rent will cost you, on an average, the following in different cities:

University of British Columbia: Program Fee for MS in Business Analytics– $60,247.65

Saint Mary’s University: Program Fee for M.Sc. in Computing & Data Analytics – $48,000

York University: Program Fee for MS in Business Analytics – $ 84,100

HEC Montreal: Tuition Fee for M.Sc in Data Science and Business Analytics- $30 000

Queens University: Program Fee for Masters of Management Analytics- $79,900

Cost of studying Masters in Business Analytics in Canada

The cost of living for international students in Canada is much lower than living in cities like New York and London.
Subsequently, in the first year of your business school, it is widespread for students to choose campus accommodation. This is because they share the dormitory with one more roommate.
The on-campus accommodation costs somewhere between CAD$ 3000-7500. After which a three-bedroom apartment on rent will cost you, on an average, the following in different cities:

University of British Columbia: Program Fee for MS in Business Analytics– $60,247.65

Saint Mary’s University: Program Fee for M.Sc. in Computing & Data Analytics – $48,000

York University: Program Fee for MS in Business Analytics – $ 84,100

HEC Montreal: Tuition Fee for M.Sc in Data Science and Business Analytics- $30 000

Queens University: Program Fee for Masters of Management Analytics- $79,900

Jobs after Masters in Business Analytics in Canada

Canada is a more immigrant-friendly country in the world. For instance, when you finish your program in Business Analytics from a Canadian University and while doing the course, you have work rights if you are an international student. The country offers great one year Masters in Canada.
With the help of your study permit, you can avail yourself of part-time jobs. In addition, after finishing your course, you can get a temporary work visa that directly impacts your duration of work permit in Canada.
So if you have studied for two years, your work permit also will be for two years. Nevertheless, if you still want to work in Canada, you can renew your visa after it expires.
In addition, you can opt for a PR or Permanent Resident status after fulfilling the stay in Canada minimum requirements.

Expected Salaries Of Business Analysts:

An average salary offered to professionals who pass out of esteemed colleges like HEC, Saint Mary’s University, and UBC is in the range of $30,000 to 65,000. That said, when talking about placement after a master’s in Business Analytics in Canada, get the following prestigious placements:
Students graduating from UBC were placed at big names like Amazon, HSBC Bank Canada, PwC, and Hoot Suite.
Companies like Accenture, General Mills, Coca-Cola, and Oliver Wyman picked students from Queen’s University at Kingston for placements.

Analysts’ major responsibility is to manage large amounts of data and information. A business analyst’s job is to analyze them and make them valuable to organizations. They are in charge of finding new business opportunities and growing the company, as well as dealing with market changes. Business Analytics graduates work in a variety of roles, such as:

• Data Analyst: Data analysts are curious, analytical, and have a knack for numbers. Be its sales figures, logistics, market research, or transportation costs, every organization and business collects data. It is your job as a data analyst to collect and analyze this information in order to provide clear insights into how the company may improve its business strategy and make better business decisions in numerous areas.
• Data Scientist: Data scientists extract complex, raw data from a variety of sources and turn it into meaningful, transparent information so that the organization may improve its business strategy and operations using algorithms, artificial intelligence, machine learning, and other programming and statistical methods.
• Business Analyst: Data is used by business analysts to generate business insights and make recommendations for improvements in corporations and other organizations. Business analysts can spot problems in almost any aspect of a company, including IT procedures, organizational structures, and employee development. Business analysts find opportunities for advancement in order to improve efficiency and strengthen business processes. They tend to frequently collaborate with colleagues at all levels of the organization to explain their findings and assist in the implementation of improvements.
• Market Research Analyst: Market research analysts prepare sophisticated reports, spreadsheets, surveys, and opinion polls in order to gather and assess important sell intelligence that can help a company market their product or service more effectively. Consumer demographics, spending habits, and sales trends, as well as demands, interests, and preferences, are all examples of data.
  In order to forecast the effectiveness of such methods, market research analysts need a thorough working knowledge of statistical tools and procedures.
• Project Manager: As a project manager, you’ll plan, budget, and oversee your organization’s project/s using your data-driven business acumen. You must also be well-organized and have strong leadership and critical-thinking abilities.
• System Analyst: In a company, a system analyst is responsible for providing and fixing numerous challenges. They assist the company system and devise solutions for coping with various issues. As the IT industry expands, so does the demand for system analysts. In the next 5-10 years, the demand for system analysts will increase by 10%. Salary will ultimately increase as skills and expertise expand.
• Financial Analyst: Based on their expertise in the industry and analyses of market trends, business news, and the company’s financial status, a financial analyst assists companies in making business or investment decisions.
  Financial analysts can work for financial institutions such as banks or investment firms, as well as for enterprises. Financial analysts are typically educated in finance, economics, accounting, or statistics.
• Business Intelligence Manager: A Business Intelligence Manager is someone who is in charge of analyzing market strategy. He accomplishes it by researching related products, markets, and stock patterns. A Business Intelligence Manager gathers business intelligence data from a variety of publications, public data, and industry sources. The job of a Business Intelligence Officer entails evaluating technological trends in order to increase sales of current products or identify opportunities for future product development. Communication with competitors, clients, suppliers, and others is a regular part of his or her job. Business Intelligence Managers guarantee that the firm’s resources are used efficiently, as well as choosing, training, and evaluating new analytical employees.

Masters in Business Analytics in Canada without GMAT

The GMAT score is one of the most widely accepted and mandatory components of the application process for most master’s programs. Similarly, following this same route, the GMAT is a compulsory criterion that needs to be fulfilled for admission into an MSBA in Canada. Most of the top B-schools in Canada require the applicant to submit their GMAT scores. A Masters in Engineering Management in Canada might not have a GMAT mandatory.  However, in certain special cases, an applicant may receive a waiver on his GMAT. In other words, most of these privileged applicants possess exemplary academic records, which is more than enough to showcase their academic prowess. But, having said that, in the case of international students, it is recommended to contact the specific university or B-school to get a clearer idea regarding the details of the GMAT waiver and their eligibility.

Job Opportunities & Career Prospects after pursuing Masters in Business Analytics in Canada

Canada is a more immigrant-friendly country in the world. For instance, when you finish your program in Business Analytics from a Canadian University and while doing the course, you have work rights if you are an international student.

With the help of your study permit, you can avail yourself of part-time jobs. In addition, after finishing your course, you can get a temporary work visa that directly impacts your duration of work permit in Canada.

So if you have studied for two years, your work permit also will be of 2 years. Nevertheless, if you still want to work in Canada, you can renew your visa after it expires.

In addition, you can opt for a PR or Permanent Resident status after fulfilling the stay in Canada minimum requirements.

Expected Salaries Of Business Analysts:

An average salary offered to professionals who pass out of esteemed colleges like HEC, Saint Mary’s University, and UBC is between the range of $30,000 to 65,000.  That said, when talking about placement after Masters in Business Analytics in Canada, get the following prestigious placements:

Students graduating from UBC were placed at big names like Amazon, HSBC Bank Canada, PwC, and Hoot Suite.

Companies like Accenture, General Mills, Coca-Cola, Oliver Wyman picked students from Queen’s University at Kingston for placements.

Cheapest Masters in Business Analytics in Canada for Indian students

1. University of Manitoba- Applied Business Analysis

The University of Manitoba offers one of the most affordable Masters of Business Analytics in Canada. Most graduate programs in Canada are quite inexpensive and accessible to international students.

The program fee is approximate: $17,100

2. HEC Montreal- MSc Data Science and Business Analytics

HEC Montreal’s MSc Data Science and Business Analytics program combines management, statistics, data modeling, and artificial intelligence. An MSc in Marketing in Canada is also another viable option for students. You’ll learn how to make better decisions, making you more competitive and innovative. The program can be completed in 16 or 24 months. Students can opt for a Thesis-based or a Project-based track.

The tuition fee is approximate: $30 000

3. McGill University- Master’s of Management Analytics

The McGill Master of Management in Analytics (MMA) degree is a 12-month pre-experience specialized program in the rapidly evolving field of management analytics that places a strong emphasis on experiential learning. The MMA program is designed to meet the growing business analytics needs of organizations (for-profit, non-profit, and government).

The program’s emphasis will be on managerial problem–solving with cutting-edge data analytics tools to optimize organizational decisions in a variety of managerial settings.

Tuition Fee: $54,990

4. McMaster University- MBA in Business Analytics

McMaster University is one of Canada’s top three research institutions. McMaster University was established in Toronto in 1887. It later relocated to Hamilton, which is now its main campus, in 1930. Niagara, Kitchener-Waterloo, and Burlington are the University’s three additional regional campuses. McMaster University’s Hamilton campus spans 377 acres, with only 30 acres dedicated to teaching facilities, allowing students to explore the suburban campus. Not only that, but the campus is only an hour from Toronto and close to Niagara Falls.

Program Fee Approx per year- 30,250 USD

5. Carleton University- Sprott MBA concentration in Business Analytics

The Sprott MBA concentration in Business Analytics equips students with the ability to use organizational data to improve decision-making in areas such as finance, marketing, human resources, production, and operations management. Individuals will be involved in an inclusive set of core courses that will introduce them to strategic business concepts and address issues such as sustainability, responsible leadership, global awareness, and entrepreneurship. The program emphasizes active learning, including live case studies, online simulation, and real-time, client-based projects.
Transcripts should demonstrate high general quantitative skills for applicants to the Business Analytics concentration.

Tuition Fee: $60,000

Conclusion

In conclusion, data has now become a virtual quantity that is omnipresent. Similarly, the demand for business analysts and Canada to welcome international students and its own residents to join its MS programs has also increased. In other words, it has become an attractive choice of students offered lucrative career options too after doing the program.

Above all, the Universities are offering professional programs created and developed by the experts of data science and analytics. That is to say; they are providing students with the knowledge and skills needed to fast track to a positive great, and successful career in Business Analytics.

So in case you are planning to apply to any Canadian University, this article would be able to provide you with the much-needed information.

FAQ’s