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Top Business Schools In Canada
Canada, undoubtedly is becoming a heaven for international students. With a huge surge in incoming international students to Canada, the country witnessed an enrolment of approximately 500,000 international students by the end of the year 2017, according to a data released by the federal government.
Because of its open and warm welcoming society along with world class education at cost effective rate, the country is gaining a lot of popularity as a top study abroad destination.
High employability rates and the policy of work while studying is one of the major reasons that attract international students to plan their higher education in Canada.
100 years ago, Queen’s University awarded the first business degree in Canada. The majority of the curriculum at business schools in this country from 1921 until the mid-1960s was geared toward preparing chartered accountants and other professionals for jobs in high finance. But since then, both business education and the corporate world have changed significantly.
Today, business degrees at all levels—from BComs and BBAs to MBAs and EMBAs—cover topics such as big data, digital technology, entrepreneurship, corporate social responsibility, international business, product management, and more—in addition to core subjects like accounting, finance, marketing, and human resources.
Additionally, they have among the highest returns on investment of any degree kind.
In the most current StatsCan survey on student labour market outcomes, 92% of business school graduates had full-time jobs. According to the worldwide job website Monster.com, business graduates are among the highest paid, making over $90,000 a year, or 74% more than the typical graduate.
The ranking of the top business schools in Canada for this year takes into account the standard parameters used by CourseCompare, such as job placement rates, graduate earning potential, student happiness, and employer reputation rankings. But the editorial team at CourseCompare also wanted to know which business schools are once again adapting their curricula — and their classrooms, employer partnerships, and co-op programmes — to develop leaders for the new digital economy as we come out of a pandemic and into an uncertain economic future. The colleges listed below are unquestionably up to the task.
Canada alone as a country is very prospering and has a stable economy that earns an annual income of around eight billion Canadian Dollars generated from student expenditures. It is also a home to some of the top universities in the world. However, the employment opportunities for MBA graduates downsizes when compared to US, due to smaller business firms but the quality of education and overall experience still stands in competition.
Pursuing an MBA degree from Canada includes its own benefits. So, if you are someone who is inclined towards studying business in Canada, then here we are to enlighten you on why you should be making this choice.
Why Choose Business Schools In Canada?
Being a popular student destination, Canada tops the list of overall convenience for study abroad.
1. Multicultural Society – Studying as an international student in Canada you get to experience a blend of cultures which enhances your growth and contributes a lot to your personality. The country believes in a Canadian culture which is an amalgamation of various religions, regions, languages, and cultures. Immigration is considered economically, and socially, quite crucial to the nation. They believe in policies that actively engage immigrants in the Canadian society.
2. High Quality of life – Canada is a country known to provide excellent lifestyle to its residents. Free medical facilities, low tuition fees, affordable accommodation facilities etc makes Canada as one the most considerable option for living. Apart from that, Canada counts in the list of one of the safest countries for international students which again turns out to be a treat for students planning to study abroad.
3. Low Tution Fee – Although, MBA makes it to one of the expensive degrees in the country. The program fee for a top business school in Canada is comparatively very low to the tuition fee of a top business school in USA. The average tuition of $52,000, for EMBA in Canada, is still far cheaper than the often $150,000 – $200,000 price tag that more than a few US universities carry.
Top Business Schools in Canada
Sauder School of Business – University of British Columbia
The Sauder School of Business belongs to the business faculty of the international fame Canadian university- university of British Columbia. The college was established in the year 1956, and is located in Vancouver. It has a faculty staff of more than 200 highly qualified teachers for its both undergraduate and post-graduate programs.
The UBC – Sauder School of Business is known for providing outstanding education in programs like MBA, MiM, IMBA and also a Ph.D in Business Administration etc. It also has a strong alumni network that includes Ian Gillespie, Founder of Westbank Projects Corp. and real estate developer, John H. McArthur- Dean Emeritus,Harvard Business School, David Bowden-CEO, Colliers Canada etc.
Rotman School of Management – University of Toronto
The Rotman School of Management is the graduate business school for University of Toronto. The school was officially established as a separate entity in 1950 at St. George’s Street, Toronto. It has a student population of more than 3500 students in its undergraduate and graduate courses
Rotman School of Management is known to provide courses in Business Administration, finance, commerce with the facility of full-time and part time MBA programs. It also offers courses in executive MBA programs along with a Master of Finance program, a Master of Management Analytics, a Graduate Diploma in Professional Accounting, and a doctoral program- PhD.
Alberta School of Business- University of Alberta
The Alberta School of Business is the official business school of university of Alberta- a top Canadian University based in Edmonton, Alberta. The college was founded in the year 1916 and is renowned for its extensive research opportunities since then. Alberta School of Business has a highly qualified faculty with more than 150 professors teaching 2500 students at the undergraduate and graduate level.
The Alberta School of Business was the first business school in Canada to be accredited by the Association to Advance Collegiate Schools of Business (AACSB) in 1968 and has been consistently ranked in the top 50 publicly funded universities for research by the Financial Times of London.
Ivey Business School- University of Western Ontario
Ivey Business School or commonly known as the Ivey is the business school of University of Western Ontario. Founded in 1922, Ivey Business School is located in central London, Ontario, Canada.
Ivey is one of the oldest business schools in Canada, and is accredited with establishing the nation’s first MBA and PhD program in Business. Ivey Business School offers full-time undergraduate (HBA), MBA, MSc, and PhD programs. Not only this, Ivey is known to have the best MBA program in Canada, according to the Bloomberg Businessweek. The college has a lot of accolades in its name. In 2010, Ivey became the first North American business school to offer the prestigious CEMS Global Alliance in Management Education, joining the likes of London School of Economics, HEC Paris, ESADE, and Bocconi University.
Desautels School of Management- McGill University
The Desautels School of Management is the public business school of McGill University. The college was established in the year 1906 and has a urban campus setting in the city of Montreal, Quebec. It has an academic staff of 97 professors and a student population of 2,540.
Desautels School of Management offers a range of undergraduate and graduate-level business programs including the Bachelor of Commerce, Master of Business Administration, and Doctor of Philosophy in management degrees and maintains teaching facilities in Montreal, Quebec, Canada and Tokyo, Japan.
It was ranked 1st in Canada by Financial Times Global MBA rankings in 2018. And has been consistently maintaining its name a top business school in Canada since a decade.
Schulich School of Business –York University
The Schulich School of Business is the Business Faculty for York university. The business school was established in the year 1966 and is located in Toronto, Canada. It was formerly known by the name of Faculty if Administrative Studies and was renamed to Schulich School of Business in 1995.
Schulich offers undergraduate and graduate degree and diploma programs in business administration, finance, accounting, business analytics, public administration and international business as well as a number of PhD and executive programs. The college has been globally ranked 8th for International MBA by Forbes and was ranked 1st in Canada in 2017. It also has some specialized rankings under its name such as , it was ranked 1st in the world in the 2016 Corporate Knights ranking of the top MBA programs integrating social, ethical and environmental impact management issues into the curriculum and was under Top 15 Among the top 15 international business schools in the 2012 Bloomberg/Businessweek MBA rankings.
Stephen Jr Smith School of Business- Queen’s University
The Stephen Jr Smith School of business is commonly referred to as the Smith School of Business in Canada. It is the business school affiliated with the Queens University, located in Kingston, Ontario. It was established in the year 1919.
Although, the school offers undergraduate and graduate programs as a part of Queen’s University, but it is managed separately with its own dean and budget. Smith School of Business offers undergraduate programs in specializations in fields like consulting, marketing, finance, accounting etc and offers full time graduate courses in MBA, EMBA, Master in international Business, management, entrepreneurship etc.
The school was ranked 1st in Canada under Value for Money by the Global MBA ranking in 2016.
DeGroote School of Business – McMaster University
The DeGroote School of business is the business school affiliated with the McMaster university. The school was founded in 1952 as was originally known as the McMaster school of Business. It is located in Hamilton, Ontario. The DeGroote school offers B.Com(Hon) , MBA and Ph.D. degrees and is accredited by the Association to Advance Collegiate Schools of Business (AACSB).
One remarkable feature if the DeGroote School of Business is that the school also houses the Allen H. Gould Trading Floor, an educational tool that enables students to experience the relationships and interactions of the financial markets. It is one of the first such facilities in North America, one of three in Canada, and one of only 30 in the world.
HEC Montreal – University De Montreal
HEC Montreal is the graduate business school for University De Montreal. It was founded in the year 1907 and is located in the heart if the city if Montreal, Quebec. HEC Montréal offers undergraduate, graduate and post-graduate programs including Bachelor (BBA), Master of Science (MSc), Master of Management (MM), Master of Business Administration (MBA) and PhD in Administration, as well as a joint Executive MBA program with McGill University.
HEC Montreal was the first established school of management in Canada and has a large student population with more than 14,000 students at present. HEC Montreal has been a top Canadian Business school consistently and was ranked first among Canada’s business schools for MBA programs by Canadian Business in 2016, 11th worldwide among non-US business schools by Forbes and among Top 30 international business schools by Bloomberg BusinessWeek in 2015.
Beedie Business School – Simon Fraser University
The Beedie School of Business is the Business school for Simon Fraser University which has multiple campuses located in the lower mainland of British Columbia, Canada. Beedie was establishes in the year 1865 and became distinctive in 1982.
The schools enrol a total of 700 students at the post-graduate level in courses like MBA, EMBA, MSc Finance, MOT MBA, GDBA and PhD. The Beedie School of Business is accredited by the Association to Advance Collegiate Schools of Business (AACSB) and the European Quality Improvement System (EQUIS).
Beedie is ranked in the top ten business schools in Canada by Maclean’s and has a top-class alumni network.
Conclusion
People pursuing MBA from an internationally renowned university are in great demand and has an upper edge over the prospective job opportunities in the market. Although, it varies from individual’s choice but attending business schools in Canada will be worth the deal. The overall experience of studying aboard in a first-class country will be the perfect decision for value for money.
Apart from the above- mentioned business schools, there are a lot of other Canadian B-schools that provide world class education along with a great focus on harmony amongst international students.
If you plan to attend a business school abroad, then Canada might be one of the best places you’d like to go to!
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What is the average duration of a business degree in Canada?
In Canada, earning getting a business degree takes one to two years of study. However, several universities offer expedited MBAs and MiMs that last for less than a year. For instance, Ivey Business School has an expedited MBA program lasting eight to twelve months.
How much does it cost to get a business degree in Canada?
A Canadian business degree might cost anything between CAD 22,000 to CAD 120,000. For an Indian student to complete an Masters in Canada, this amounts to between 12 and 68 lacs. Only the A tuition charge is included in the pricing given. You also need to be conscious of other expenses like books, supplies, and living expenses.
What are the top business schools in Canada?
he Ivey School of Business, Rotman School of Management, Schulich School of Business, and many more are among the finest business schools in Canada for those looking to get a masters degree.
Why go for business schools in Canada?
Here are the top five benefits of earning a masters in Canada:
1. Reasonable tuition fees
2. Excellent quality of life
3. The programme for Canadian employment permits upon graduation
4. Programmes with a global reputation
5. Cultural and Social Diversity
Can I pursue an MBA with a speciality in Canada?
Yes. In Canada, students who pursue a degree in management have the option of pursuing a standard MBA or a speciality degree in a field such as marketing, consulting, finance, and more.
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