Low-Cost MBA Colleges in Canada

Do you want to start your career in Canada with a high salary after higher studies in Canada? Then, an MBA can be the stepping stone to your dreams. The good part is that you can make your dreams come true by studying at a low-cost MBA college in Canada.

Canada offers some of the top and best MBA Colleges for international students. Students can find a few of the world's cheapest MBA colleges in Canada. Canada also offers excellent options to fast-track your career by enrolling in some of the best 1-year MBA programs in the Universities of Canada that won't break the bank.

Did you know that the average MBA graduate in Canada earns a staggering INR 65L to 67L per year? Imagine the possibilities when you can earn such a high salary while paying low tuition fees. It's not just good, it's excellent!

Ready to take the first step towards your MBA journey in Canada? We've curated a list of the most affordable MBA colleges in Canada, along with those that offer low tuition fees for international students. Let's dive in and explore your options.

Read More: How can SIEC help Students to Study, Work, and Immigrate in Canada?

List of Low-Cost MBA Colleges in Canada

Let's help you get started with the key highlights to enroll in affordable MBA Colleges in Canada.

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List of Low-Cost MBA Colleges in Canada

According to the Canadian Bureau for International Students, universities in Canada take pride in offering high satisfaction levels among international students.

List of ranked low-cost MBA colleges in Canada:

1. University of Saskatchewan
2. University of Windsor
3. Memorial University of Newfoundland
4. University of Manitoba
5. University of New Brunswick

1. University of Saskatchewan's Edwards School of Business

The University of Saskatchewan's Edwards School of Business is a leader in low-cost MBA colleges in Canada. Students find it easier to find jobs after graduating from the University of Saskatchewan's Edwards School of Business. The report shows that 93.3% of MBA graduates get full-time jobs, and 86.6% get hands-on internships or find work before graduation. This university is offering a few of the cheapest MBAs in Canada for international students.

Low-cost MBA Courses at The University of Saskatchewan's Edwards School of Business focuses on the Foundation of Management, Integrated Business Perspective, and the Human Side of Management. Courses at this university includes real-world applications, graduate certificate in leadership (1 year), and combined degrees (MD/MBA, DVM/MBA, JD/MBA, PharmD/MBA).

MBA Course Fees

Students can either pursue full-time MBA program, study duration of which is 12 months. Meanwhile the university also offers part-time MBA program for working professionals and also for international students, this program runs upto 36 months.

Eligibility Criteria to study low-cost MBA course at University of Saskatchewan's Edwards School of Business

1. A minimum of 70% in Bachelors
2. A minimum score of 500 on GMAT
3. Work experience of 2 years
4. English Language Requirements: TOEFL-min 86, and IELTS – min 6.5

2. University of Windsor

The University of Windsor is one of the most favorable destinations for international students. The University offers international students one of Canada's most affordable MBA programs. The University has an impressive record of maintaining 94 % employment rate for its graduates within just six months of graduation.

The University of Windsor, considered one of the cheapest MBA colleges in Canada, offers programs that prepare students for a successful career worldwide. The University brings to the table corporate experimental learning opportunities, practical learning and accessibility to students from non-business backgrounds.

MBA Course Fees

The University of Windsor provides affordable tuition fees in Canada for both part time and full time program structure. Duration of Full-time program structure is 24 months, while part-time MBA program is up to 16 months only.

Eligibility Criteria to study low-cost MBA course at The University of Windsor

1. A minimum GPA of 70% in Bachelors
2. A minimum GMAT score of 500
3. Diverse undergraduate background candidates
4. English Proficiency Tests: TOEFL – min 100, IELTS – min 7.0

3. Memorial University of Newfoundland

Memorial University is consistently ranked as one of the top 20 research universities in Canada. Internationally recognised for its commitment to academic excellence, global exchange programs, industry expert faculties, and extensive alumni network, students benefit from high-paying jobs after graduation. The college is AACSB-accredited and offers an extensive 2-year MBA program to develop leadership skills and business knowledge.

MBA Course Fee

The University offers international students one of the most affordable MBA course fees. Distinctive features include popular global exchange programs and an extensive alum network.

Eligibility Criteria to study low-cost MBA course at Memorial University of Newfoundland

1. A minimum of 75 % in Bachelors
2. Work experience of 2 years
3. English Proficiency Test: TOEFL: min 92,IELTS: min 7.0
4. A min of 550 on GMAT
5. GMAT (Focus Edition ): 515
6. A min of 302 on GRE

4. University of Manitoba

University of Manitoba is a member of U15, which is a group of Canadian research universities and recognised as Canada's elite research-intensive universities. Despite being one of the low-cost MBA colleges in Canada, the university is committed to pioneering research and academic excellence. The university is popular among the international students community as 89% of the college's MBA graduates find full-time employment after completing studies in Canada, thus highlighting its student expectations ratio.

The University of Manitoba offers 30 credit hours program plan which covers business fundamentals, strategy and leadership. The MBA program at University of Manitoba offers flexible study options, full-time of 12 months to 2 years and part-time up to 6 years.

MBA Course Fees
Cheapest MBA colleges in Canada, like the University of Manitoba offers some of the most affordable tuition fees in Canada.

Eligibility Criteria to study low-cost MBA course at the University of Manitoba

1. A min of 3.0 GPA in Bachelors
2. Work experience of 2 years
3. English Proficiency Requirements: TOEFL-min 100, IELTS-7.0
4. A min of 550 on GMAT
5. A min of 550 on GRE

5. University of New Brunswick

One of the low-cost MBA colleges in Canada is student's favorite University of New Brunswick in Canada. The University of New Brunswick is popular among international students due to the availability of part-time or full-time employment opportunities. Despite being one of the cheapest MBA colleges in Canada, it offers extensive business and leadership skills. In today's ever changing business landscape, pursuing MBA at University of New Brunswick enhances your ability to make vital decisions, giving you an edge in your professional life.

MBA Course Fees

What sets MBA Course at the University of New Brunswick apart is its strong focus on community economic ties and practical approach. The University emphasis on hand-on learning and real world applications

Eligibility Criteria to study low-cost MBA course at the University of New Brunswick

1. A min of 3.0 GPA
2. 2 to 3 years of work experience
3. English Proficiency Test Requirements: TOEFL- min 94, IELTS- 7.0
4. A min of 550 on GMAT

Read More: Study in Canada: Cost, Courses & Scope, Industry Insights and Part time Work Opportunities

Conclusion

Canada's affordable MBA colleges open doors to a world-class education without breaking the bank. With a diverse range of programs and specializations offered at reasonable costs, you can find the perfect fit to advance your career and gain valuable business knowledge. Remember to consider factors like program focus, accreditation, career services, and cost. Take the first step towards your MBA goals, explore these affordable Canadian institutions, and unlock a bright future in business!

Reach out to SIEC for Application inquiries and assistance.

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