Canada is a developed country. It offers MBA Scholarships. Canada is one of the most well known countries about MBA Scholarships, for international students for higher educational programs such as Masters, Research, and PhDs. Did you know that you can nearly certainly ponder in Canada on totally or in part backed scholarships? If you arranging to think about MBA in Canada, at that point you can select from a wide run of fully-funded scholarship as well as college scholarships that can offer assistance you cover your educational cost expenses. Let’s jump into MBA Scholarships in Canada. If you are a student, you can dream of MBA Scholarships in Canada.
How many intakes in Canada?
To understand MBA in Canada, we need to know intakes. There are three intakes throughout the Academic Year in Canada. Intakes are:
- September or fall intake
- January or winter intake
- May or spring/summer intake
September or Fall Intake
Here is a general timeline for application:
| Timeline | To-do list |
|---|---|
| April to August 2024 | Research universities/colleges to choose your preferred universities and courses in Canada |
| September to November 2024 | Prepare and take standardized tests. |
| November 2024 to January 2025 | Fill out the application forms carefully. |
| January to February 2025 | Reply to college emails and responses. |
| March to April 2025 | Apply for a Canadian student visa and prepare your finances. |
January or Winter Intake
Below is a timeline guide:
| Timeline | To-do list |
|---|---|
| January – April 2024 | Research and shortlist universities. Check eligibility criteria and requirements. |
| May – July 2024 | Prepare and take English proficiency tests and standardized tests. |
| August – December 2024 | Collect the necessary documents and apply to universities. |
| October 2024 – January 2025 | Compare and acknowledge an offer and go to interviews. See up housing, apply for a student visa and settle your funds. |
May or Spring/Summer Intake
Below is a guide line.
| Timeline | To-do list |
|---|---|
| April to June 2024 | Research universities and courses for Spring intake in Canada |
| July to September 2024 | Prepare and appear for standardised tests and English proficiency tests. |
| September 2024 to January 2025 | Prepare all required documents and apply to the universities. |
| January to February 2025 | Respond to the university’s emails and accept admission. |
| February to April 2025 | Apply for scholarships and Canadian Visas. Find student accommodation and make financial preparations. |
Benefits of doing an MBA in Canada with a Scholarship
There are some benefits of MBA Scholarships in Canada. Look at below:
- Facilitates your budgetary burden of being a student overseas and makes considering MBA more affordable.
- MBA scholarships are a stamp of scholarly fabulousness. Most scholarships are prestigious and boost your resume.
- Access to world lesson instruction at reasonable rates. Canada is domestic to a few of the beat colleges for commerce administration courses. With the right grant, a educational cost charge of CA $100,000 can indeed come down to CA $10,000 (Rotman School Entrance Grant). Your RoI increments exponentially with a grant to back your educational cost. For worldwide understudies, an MBA in Canada is for the most part considered more reasonable than seeking after an comparable course in the USA, Australia or New Zealand.
- Experience a less complex course to Changeless Residency. On completion of your MBA, you can apply for a post-graduate work allow and at that point in the long run take after the PR track.
- Be a portion of an universal trade arrange, with an normal compensation of over CA $68,000 per annum. (Source: Glassdoor.co.in)
- Another advantage of getting an MBA from a few of the beat colleges in Canada is their hands-on learning approach. Numerous b-schools are found in financial center points, in the midst of profoundly corporate / trade situations. Additionally, these schools too have associations with beat firms in arrange to give real-world information and involvement to their students.
- Live in a secure, multicultural environment.
Requirements for MBA Scholarships in Canada
There are some requirements for MBA Scholarships in Canada. Look at below:
- The student must have a bachelor’s degree from a recognized university or college with the minimum grade point average specified by the university of choice.
- The student must have an average of 2-3 years of job experience (might not be required by some universities)
- The student must have a legitimate GMAT or GRE score, as well as English language competence scores such as IELTS/TOEFL, are also necessary.
- Goals and Objectives (SOP)
- Recommendation Letters (LORs) from professor
MBA Scholarships in Canada
In Canada, universities and colleges offer MBA Scholarships to international students. They want to make students global leaders in their subjects.
Here is a list of MBA Scholarships offered by the Institutions.
| Haskayne School of Business MBA Entrance Scholarships | University of Calgary (Haskayne School of Business) | CAD 5,000 to CAD 20,000 | Merit-based, academic excellence, leadership qualities, and community involvement | intake (Fall/Winter) |
| Ivey MBA Scholarships | Western University (Ivey Business School) | Up to CAD 20,000 | Academic and professional achievements, leadership potential, no separate application required | Rolling basis (with MBA admission) |
| Alberta MBA Scholarships | University of Alberta | Up to CAD 15,000 | Merit-based, academic performance, leadership qualities, offered automatically with admission | admission cycle |
| Sauder School of Business Scholarships | University of British Columbia (UBC Sauder School of Business) | Up to CAD 50,000 | Leadership potential, strong academic performance, and community engagement | based on program intake |
| Rotman School of Management Scholarships | University of Toronto (Rotman School of Management) | Up to CAD 40,000 | Academic excellence, leadership, and professional experience | Rolling basis (with MBA admission) |
| Schulich School of Business Scholarships | York University (Schulich School of Business) | CAD 20,000 per year | International students, academic excellence, leadership abilities, includes entrance and continuing student awards | Varies by program intake |
| Entrance Scholarships | Various Canadian Universities | Varies (Partial to Full Tuition) | For newly admitted students based on merit, academic excellence, leadership, and community involvement | Varies (depending on university) |
| Continuing Student Awards | Various Canadian Universities | Varies | Merit-based scholarships for students continuing their MBA studies, based on academic performance and engagement | Varies (after completion of 1st year) |
| Ontario Graduate Scholarship (OGS) Program | Participating Ontario Universities | Up to CAD 15,000 per year | Academic excellence, full-time graduate students at an Ontario university, international students are eligible | Varies by university (Feb-May) |
Haskayne School of Business MBA Scholarships in Canada
Here are the key features of Haskayne School of Business MBA Scholarships in Canada:
| Scholarship name | Value | Eligibility |
| Haskayne School of Business MBA Entrance Scholarships | CAD 5,000 – CAD 20,000 | All international daytime visa students are eligible for the award, which is based on merit and takes into account GPA and GMAT scores. |
Ivey MBA Scholarships in Canada
key details of IVEY MBA Scholarships below:
| Scholarship name | Value | Eligibility |
| Ivey MBA scholarships (Western University) | The awards range from CAD 20,000 to a half-tuition fee. | The selection criteria include excellent professional experience, leadership abilities, academic performance, and high GMAT ratings, and are based solely on merit and leadership qualities. |
Alberta MBA Scholarships
| Scholarship name | Description of the scholarship |
| Claude Winspear MBA Award | Open to students enrolled in a full-time MBA programme at Alberta University who have shown leadership abilities and academic credentials. |
| Michael Lang MBA Award | It is another well-known MBA scholarship in Canada, and it is only available to full-time MBA students. |
| AIMCo MBA Award | Annually, full-time MBA students specialising in finance are eligible to apply. |
Sauder School of Business Scholarship
| Scholarship name | Description of the scholarship | Value |
| Accelerated Career Scholarship | Candidates with exceptional career potential, particularly those who can lead by example and demonstrate Sauder’s dedication to excellence, are eligible for this scholarship. | CAD 5,000-CAD 10,000 |
| Global Business Leader of Tomorrow Scholarship | Candidates that have the ability to leave a lasting impact on Sauder’s global brand are eligible for this scholarship. | CAD 10,000-CAD 15,000 |
Rotman School of Management Scholarships
| Scholarship name | Value | Eligibility |
| FortA Foundation Scholarships | CAD 40,000 | Candidates must demonstrate exceptional leadership skills and a dedication to women and girls through personal mentorship or community participation. |
| Rotman Entrance Awards and Fellowships | Students participating in Morning and Evening MBA programs are eligible for two common entrance awards: A total of five Women in Business Excellence Awards [CAD 10,000] Two Morning MBA Excellence Awards [CAD 20,000] | Rotman Entrance Awards and Fellowships have immediately been considered for all students admitted to the Rotman School of Management. Students do, however, meet the MBA program’s admission requirements, which include proficiency in English. Scores on the TOEFL/IELTS exam, the GMAT, and an interview |
| MGA/MBA Awards | CAD 30,000 | The scholarship is given to the top student in the MGA/MBA program. |
How To Apply For An MBA Scholarship In Canada?
It is not troublesome to apply for MBA scholarships in Canada. You can apply straightforwardly on the MBA school’s site. You can too contact the organization division of your chosen college for help if you are uncertain around the strategy.
To apply for MBA scholarships in Canada, follow these steps:
- Visit the universities’ websites.
- Understand the university scholarship’s qualifying requirements.
- Collect all of the required documentation.
- Go to take the necessary tests (GMAT, IELTS).
- Fill up online registration and application forms for the scholarship.
- Wait for a response from the university you applied.
Cheapest Universities for MBA in Canada
Here are the cheapest universities in Canada for an MBA:
- Memorial University of Newfoundland
- University of Northern British Columbia
- University of Ottawa
- University of Waterloo
- University of Manitoba
- Université de Moncton
- Université de Sherbrooke
- Université Laval
- HEC Montréal
- Concordia University
- Saint Mary’s University
- Carleton University
- University of Saskatchewan
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