Are you thinking of a promotion? Are you eyeing up the corner office? Do you want to be your boss? Are you looking for a career change? Are you willing to build an extensive business network? Do you want to secure high pay scale jobs? If your answer is ‘yes’ to any of these questions, you must apply for a master’s in business administration in Canada. Master’s in business administration, popularly known as an MBA, is a two-year traditional graduate program. The course prepares you for success on a global level. The course is tailor-made for ambitious professionals, aspiring business leaders, entrepreneurs, or anyone willing to acquire management skills. If you are one of these, kickstart your journey to a rewarding career by signing up for the program.
Demand for MBA graduates in Canada
Besides picturesque scenery and uninhabited land, Canada is the third most business-friendly country in the world. Home to several reputed national and multinational companies, the country has a good job market for MBA graduates. Canada takes the utmost care of human rights and is committed to social justice.
Additionally, Canada has unlimited job opportunities for MBA graduates to grow and contribute to the fastest growing and industrialized economy. One of the wealthiest countries, Canada is the one with the lowest unemployment rate in the world. Canada also promotes a good work-life balance with countless entertainment sources, including a vibrant nightlife.
The demand for MBA graduates is relatively high in Canada. According to QS News Ranking for 2020, Canada has more than 18 business management schools listed amongst the top universities globally. These business schools provide a top-quality education with an advanced syllabus. After completing the course, students land a high-paying job in tech giants or leading start-ups. A professional with an MBA degree in Canada earn approximately CAD 82,670 per year, according to PayScale.
In addition, Canada also allows international students to work in the country with a work permit easily. International students can apply for a work permit after completing their MBA program. Furthermore, the cost of a two-year MBA program in Canada for international students is CAD 35,100. Simultaneously, the program cost for domestic students is CAD 23,400. Notably, top business schools in Canada offer a 30 percent discount to Canadian forces members and veterans.
Eligibility requirements for MBA in Canada
An applicant must have a bachelor’s degree from an accredited university with a cumulative Grade Point Average (GPA) of 3.00 or more out of a 4.33 scale.
With an undergraduate degree, a student must have one of the follows:
- A high score on the Graduate Management Admission Test (GMAT).
- Written the Graduate Record Examinations (GRE) in the last five years.
- An undergraduate degree in Business Administration or Commerce.
- At least three years of professional experience in the management field.
- Proficiency in the English language with an IELTS score of 6.5 or above.
Notably, applicants who do not fulfill the above requirements can also apply for the MBA program after completing the foundation course in management. So, leap ahead in your career by enrolling in the leading management school in Canada.