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Top Universities for Masters in Canada

Canada is a country with an extremely well structured and rigorous higher education system. It is the first choice for many graduate students as an ideal destination for masters. Canada is also home to some of the world’s top-ranked universities. 

Here, we have compiled a list of the top 10 best universities in Canada for a master’s degree. The list is not necessarily ranked in the exact order.

Read on to find out more.

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Top 10 Universities for studying Master’s in Canada



The University of Toronto is one of Canada’s premier institutions for higher studies. It was founded in 1827 and is ranked 18th in the world as of 2020. The university offers about 200 graduate programs across its three campuses. It has amazing research opportunities as well with a generous grant and a large number of patents. Since the university offers a huge number of programs, it would be difficult to list them individually here.

However, some of their best masters programs are offered in accounting and finance, economics, and management. They have several specifications in their Masters in Management degree. Around 85% of the class gets placed within 6 months of graduation. The average salaries offered rank between $77,000 and $120,000.


The University of British Columbia in the beautiful city of Vancouver in Canada is ranked second within the country and 30th all across the world. The university was founded in 1908 and is considered to be one of the best public universities for research in the world.

With over 100 graduate programs, a large number of scholarships, and a huge population of international students this university offers programs in medicine, art, humanities, business, management, and law to only name a few. The average salaries that students receive after graduating from UBC range between $81,000 and $120,000 while the employment rate is about 90%.


McGill University in the city of Montreal is ranked 35th all across the world overall and 75th for masters only. This is one of the oldest universities in the country and was established in 1813. The mission of the university is to offer the best possible education to its students that are considered to be at the level of excellence by international standards. With more than 40,000 across all levels of study, McGill offers 100 programs at the graduate level. These programs are spread across various disciplines including medicine, humanities, law, environmental sciences, hospitality, and sports. The average salary and employment rates in the university vary largely depending upon the choice of course.


The University of Ottawa is ranked 141 all across the world overall and 128 for its master’s programs. This University in the Canadian capital of Ottawa was founded in 1848 and is one of the oldest institutions for higher education in the country. The university offers a large number of masters programs in a large number of fields including natural sciences, mathematics, social sciences, medicine, technology, engineering, business, management, law, environmental science and journalism. The mission of the university is to facilitate and increase the already available research opportunities by manifolds for all the current and visiting research students. The employment rate is 97% with average salaries ranging between $63,000 and $162,000.


With a comparatively lesser number of students compared to the other universities in the list, the University of Calgary is ranked 95th for Masters degree programs in the world. In 1966, the University was granted autonomy status. It offers a large number of programs at the masters level however, its courses in Engineering and Technology offered across 21 specializations are the most popular. The average salaries range between $62,000 and $163,000 with an average employment rate of 80.4%.


The University of Calgary in Edmonton is ranked 108th across the world for masters degree programs. It is one of the topmost universities in Canada in terms of research-based studies. It has over 40,000 students and offers the best programs in medical sciences and health. 


Western University is ranked 82nd for masters across the world and offers the best courses in medicine and health. It was established in 1878 in London, Ontario. It is one of Canada’s top research-intensive universities.



The University of Montreal is ranked 1st for masters in Canada. This University is widely known for its multi-cultural diversity which has students from all across both the American continents and Europe too. This university offers the best graduate program in law in all of Canada. 


Ranked 36th for masters all across Canada with over 45,000 students, the University of Waterloo offers the best program in Business and Management in seven specializations. They are actuarial sciences, biostatistics, business, entrepreneurship, economic development, innovation, environment, global governance, and management sciences. The Office of Research in the university works actively to provide the students with world-class funding and infrastructure. The University offers average packages worth $80,000 to $120,000.


McMaster University is a public university in the city of Hamilton and is ranked 68th among all universities in the world for graduate studies. It offers courses in social sciences, medicine, engineering, natural sciences, business, and management among many others. The Research Office for Administration, Development and Support also popularly known as ROADS assists research students, scholars, and the fellow in accessing fundings from external granting agencies. The campus lies at a scenic site between Toronto and the Niagara Falls, at the western end of Lake Ontario.

The list of  Top Universities for Masters in Canada does not end here because of Canada’s world-class infrastructure which has made the country stand out among its peers in terms of higher education. In the near future, the country’s economy promises to get bigger and thereby attract a larger number of applications, especially from international students. Also, its close proximity to the United States of America and convenient VISA rules make it a popular choice among graduate students.

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