Check Out the Best MBA Scholarships in Canada for International Students
Are you an international student looking to pursue your MBA in Canada? There are tons of great opportunities that can help make your education more affordable. If you’re an international student looking to study at one of the best MBA programs in Canada, check out these MBA scholarships in Canada designed specifically for non-Canadian citizens.
Canada is one of the most sought-after studies abroad locations, drawing visitors from all over the globe, particularly for Ph.D., master's, and other higher education programs. Did you know that you almost surely qualify for full or partial scholarships to study in Canada? If you want to study MBA in Canada, you have a variety of fully-funded and university scholarships to pick from that can help you pay for your tuition. Continue reading to discover the top MBA scholarships in Canada.
Canada is one of the best places to get an MBA, but it can also be one of the most expensive places to study abroad, especially when you consider tuition, housing, and living expenses. Studying MBA in Canada can approximately cost you anywhere between 40,000 CAD - 1,50,000 CAD. Luckily, there are plenty of scholarships available specifically for international students who want to earn their MBA in Canada, giving you the chance to study in one of the most beautiful countries on Earth while avoiding paying out-of-state rates. These MBA scholarships in Canada vary widely, so make sure you know exactly what you’re applying for before applying to any program or university.
What is an MBA Program?
An MBA program is a graduate-level degree that typically takes two years of full-time study to complete. The curriculum covers a variety of business-related topics, such as accounting, finance, marketing, and management. Many MBA programs also require students to complete a capstone project or thesis in order to graduate. It's important to note that there are many different types of MBA degrees; some are geared more towards teaching, others toward research and still others towards public service. These degrees vary in length from 12 months up to four years.
An MBA Scholarship is a great way to finance your education and advance your career. But what exactly is an MBA Scholarship? And how can you get one? An MBA scholarship is money that a company, organization, or person donates to help fund someone's graduate school expenses. Usually, they are awarded based on merit and/or need with no requirements as to the course of study pursued or geographic location.
MBA scholarships have become more popular as many people pursue higher levels of education in order to increase their earning potential and boost their careers. With so many options available, it may be difficult for some international students to find an opportunity that fits them perfectly.
How to Choose an MBA Program
There are a few things you should consider when choosing an MBA program, such as: what your long-term goals are, what type of program will best fit your needs, what the program's curriculum looks like, how much the program costs, and whether or not you're eligible for scholarships. Doing your research on all of these factors will help you make the best decision for your future. A popular choice among international students is to apply to schools in the US, but there are many reasons why people choose to study abroad. If you can't afford to pay full tuition at one of these schools, then it might be time to start considering some Canadian business schools that offer international scholarships for international students.
Canadian business schools have become more competitive over the years with more applicants each year which has made them open up their doors even wider by offering more scholarships. One great thing about studying in Canada is that it is possible to stay and work after graduating, so if you plan on returning home after graduation this may be the perfect opportunity for you. So don't wait any longer, start researching Canadian scholarship opportunities today!
MBA Scholarships in Canada for International Students
You must exhibit excellence in order to receive scholarships to study for an MBA abroad. An outstanding GMAT score is one method to do it. You can get MBA scholarships in Canada if you have excellent grades, strong test scores, and are an all-around achiever. The following are some of the top MBA scholarships to search for:
The Ontario Graduate Scholarship is a widely sought-after scholarship in Canada. It is a well-known MBA award in Canada that funds master's and doctoral degrees. International students who wish to enroll in a two-year or Master's program in Ontario may do so. It is a merit-based scholarship made available by some of the top colleges in Canada in the province of Ontario. Because it is merit-based, the scholarship is also extremely competitive and prestigious.
Awardees receive about CA$ 5000 per semester. However, you might receive CA$ 10,000 through 2 semesters or CA$ 15,000 through 3 semesters. Moreover, the eligibility requirements for the Ontario Graduate Scholarship program are as follows:
- The applicant must have enrolled in any of the universities of Ontario.
- You should be pursuing a 2-year course.
- You must display a minimum of A- in the past two years of your study.
International students with strong GPAs and GMAT scores are eligible for funding from the University of Calgary's Haskayne School of Business. It is a well-known MBA award in Canada that funds master's and doctoral degrees. The Ontario Graduate Scholarship is a merit-based scholarship made available by some of the top colleges in Canada in the province of Ontario.
The scholarship is also extremely competitive and prestigious because it is merit-based. This is a fantastic choice if you have a strong academic record and are looking for an MBA scholarship for Indian students in Canada. Haskayne Business School provides numerous additional MBA scholarships throughout your first and second years of study in addition to the admission scholarship.
Awardees receive anywhere between CA$ 3000 - CA $ 17,000 during their term. Scholarships are awarded on a variety of assessments based on your scores, academic excellence, professional goals, etc.
Ivey Business School, University of Western Ontario, offers a number of MBA scholarships in Canada, including some of the most competitive merit-based MBA scholarships in the country. This is one of the main reasons you would want to attend this school.
Students' chances of receiving fully financed MBA scholarships in Canada are extremely slim. It's a wonderful deal if you can have at least half of your MBA tuition bill subsidized because MBAs are very competitive and have a respectable ROI rate. Ivey Business School's MBA scholarships provide just that.
Candidates receive about CA$ 10,000 to half of the MBA tuition fees covered based on their caliber. MBA applicants are inspected on the basis of their academic grades, professional experience, GMAT, leadership skills, etc.
Numerous scholarships are available for the MBA program at the Alberta School of Business. About CA$ 1 million was set aside for MBA awards the year before. Therefore, you stand a high possibility of winning an MBA scholarship in Canada, either in part or in full. Throughout your study, the Alberta School of Business will present you with a number of awards, ranging in value from $1,000 to $10,000, based on your performance.
A variety of MBA scholarships are available to outstanding international students through the Alberta School of Business at the University of Alberta. Typically, the complete MBA program is eligible for these scholarships. Alberta MBA scholarships have a value of CAD10,000, and the prerequisites for receiving one are strong academic credentials and an acceptable GMAT score.
Claude Winspear MBA Award, Michael Lang Youth, Leadership MBA Award, AIMCo Scholarship, etc grants about CA$ 10,000. Other grants range from CA$ 1,000 to a higher variable depending upon your caliber. High GPA (3.5 or above), Academic merits, GMAT scores, professional experience, etc.
The Sauder School of Business at the University of British Columbia offers its own line of MBA scholarships in Canada for foreign students in an effort to attract future talent from all around the world. Applications for merit-based entry scholarships at Sauder are accepted by international students with stellar academic records. Outstanding international students may apply for scholarships from Canada's Sauder Business School. Offering a variety of MBA scholarships for Asian and international students, you could possibly secure funding as well.
Some of the scholarships offer CA$ 10,000 - CA$ 40,000 to students. Furthermore, here are the eligibility requirements for the Sauder MBA Scholarships:
- Entrance scholarships (Merit-based selection is conducted)
- Demonstrate entrepreneurial skills
- Leadership skills
- Previous Business experience
- Academic excellence
One of the top business schools in Canada is the University of Toronto Rotman Business School. Likewise, the competition is. As a result, getting into business school and receiving a scholarship is difficult but definitely worthwhile!
The Rotman School of Management at the University of Toronto awards admission scholarships, fellowships, and prizes to around one-third of its students each year. One of the most well-known MBA scholarships in Canada for overseas students is the Rotman Scholarship, which aims to remove any financial barriers standing in the way of qualified candidates seeking admission to business school.
CA$ 10,000 to fully funded scholarships are offered. Applicants must be enrolled in the MBA program at Rotman. Merit-based awards are allotted.
The Schulich School of Business offers admission MBA scholarships to full-time students who are selected based on their academic record and/or merit. By submitting your top grades, you can study for an MBA abroad with scholarships at the Schulich Business school in Canada. The Schulich Scholarships at York University are given to students all over the world to support further study.
Various scholarships of about CA$ 25,000 - CA$ 40,000 are awarded to students. Entrance Scholarships (Merit-based selection), Continuing Scholarship.
Eligibility for MBA in Canada
Moreover, here are the general eligibility criteria to apply for an MBA program in Canada.
- The applicant must hold a bachelor's degree from an accredited university with a minimum grade point average required by the school of choice.
- An average of two to three years on the job (might not be required by some universities)
- Additionally required are scores from the GMAT or GRE that are valid and tests of
- English language proficiency like the TOEFL or IELTS.
- Goals and Objectives (SOP)
- Letters of Recommendation (LORs)
How to Apply for MBA Scholarships in Canada
It's simple to apply for scholarships abroad. You can submit a straight application online at business schools. You can also ask the administration office of the university you want to attend for help if you get stuck at any point during the application process.
Follow these steps below to apply for MBA scholarships in Canada:
- Visit the universities' official websites.
- Understand the requirements for the university scholarship.
- Gather the relevant paperwork.
- Take the necessary tests (GMAT, IELTS).
- Apply for the scholarship online by registering.
- Await the response from the university.
The best option to pay for your MBA study in Canada is using scholarships. The likelihood of receiving a scholarship in Canada, however, must be based solely on merit, as demonstrated by factors like high GPAs, GMAT scores, work experience, etc. In order to successfully apply for a scholarship, you will need to put in extra effort and ensure that you earn excellent grades during your undergraduate studies.