Canada houses some of the world’s best universities, consistently excelling in the QS World University Rankings. Pursuing an MS in Canada could be expensive for Indian students, with tuition fees alone amounting to approximately 15 lakhs INR per year. In addition to the educational expenses, students also need to consider their day-to-day and monthly living costs, which can range from 5 lakhs to 11 lakhs INR per year.
Besides the ongoing expenses, Indian students must also budget for pre-arrival costs. These include fees for standardised tests, application fees for MS programmes in Canadian universities, and visa application fees. Before delving into the specifics of these fees, let’s first look at the estimated cost of pursuing an MS in Canada in Indian rupees. This blog serves as a helpful guide to understanding the expenses associated with studying abroad in Canada.
Cost Of MS In Canada: Pre-Arrival Costs
When preparing to study abroad in Canada, International students will encounter certain one-time expenses prior to their departure from their country. These expenses encompass various aspects such as exam fees, application fees, visa charges, and other related costs. The specific cost of MS in Canada Pre-arrival includes:
- Costs for Standardised Tests
- Purchase of Guaranteed Investment Certificate (GIC)
- Application Fees for Universities/Colleges
- Quebec Certificate of Acceptance Fees
- Airfare Costs
- Canada Student Visa Fees
- Costs for Standardised Tests
To study for a masters degree in Canada, besides having a bachelor’s degree, you must also pass English proficiency tests like IELTS, TOEFL, PTE, or CAEL to show your English language skills.
| Tests | Costs (INR) |
| IELTS | 15,500 |
| TOEFL | 15,500 |
| PTE | 15,900 |
| GRE | 18,540 |
| GMAT | 22,360 |
- Purchase of Guaranteed Investment Certificate (GIC)
In order to obtain a study permit, students are required to provide financial proof, which can be fulfilled through a Guaranteed Investment Certificate (GIC) in Canada. Students have the option to purchase a GIC from banks such as ICICI, SBI Canada, and CBIC. The recommended amount for a GIC is 6 lakhs INR, equivalent to 10,000 CAD. Over a period of 12 months, students will receive a monthly portion of their investment along with interest. Alternatively, students can also apply for an education loan and submit it as proof of funds.
- Application Fees for Universities/Colleges
The application fees for studying in Canada vary depending on the institution, ranging from 2,500 to 9,000 INR. When applying, students are required to submit their test scores and other exam results. Occasionally, universities may request hard copies of these documents, which may incur additional shipping costs.
- Quebec Certificate of Acceptance Fees
In order to study in the Canadian Province of Quebec, international students are required to obtain a Certificate of Acceptance from the government of Quebec (CAQ). The process of obtaining a CAQ involves a payment of approximately 7,000 INR. It is important to note that this fee is non-refundable, even in the event of an application rejection.
- Airfare Costs
The cost of flight tickets for students travelling to Canada typically ranges from a minimum of 50,000 INR to a maximum of 1 lakh INR or even higher, depending on the airline and additional amenities preferred by the student.
- Canada Student Visa Fees
International students must apply for a Canada student visa, which involves paying an application fee of 9,000 INR. Additionally, students must provide financial proof when submitting their visa application.
Cost Of MS In Canada: Post-Arrival Costs
The specific cost of MS in Canada Pre-arrival includes:
- Tuition Fee Of Top Universities For MS In Canada
When considering pursuing higher education in Canada, it is essential to clearly understand the tuition fees associated with universities in the country. The cost of MS in Canada for tuition can vary significantly depending on the institution and the specific programme of study. The below table has the Top universities with their annual tuition fee.
| Top Universities | Annual Tuition Fee (CAD) | Annual Tuition Fee (INR) |
|---|---|---|
| University of Calgary | 23,000 | 13 lakhs |
| University of Ottawa | 42,000 | 25.3 lakhs |
| Western University | 55,000 | 33 lakhs |
| University of Waterloo | 43,000 | 25.9 lakhs |
| McMaster University | 43,000 | 25.9 lakhs |
| University of Montreal | 40,000 | 24 lakhs |
| University of Alberta | 35,000 | 21 lakhs |
| University of British Columbia | 45,000 | 27 lakhs |
| University of Toronto | 44,000 | 26 lakhs |
| McGill University | 53,500 | 32 lakhs |
- Cost Of Living In Canada
The major cost of MS in Canada includes living expenses for an Indian student can amount to approximately 1 lakh per month, totalling 12 lakhs per year. The average monthly costs that students need to consider for their living and other expenses are outlined in the following table:
| Type Of Expense | Average Costs |
| Accommodation | 62,465 |
| Food | 17,471 |
| Transport | 6,446 |
| Book/ Supplies | 9,818 |
| Miscellaneous | 18,673 |
Conclusion
In summary, the cost of MS in Canada includes fees, visa charges, living expenses, and other miscellaneous expenses. It is crucial for students to consider these financial aspects and plan accordingly to ensure a financially sustainable experience while studying in Canada.
FAQs
How much does it cost to do MS in Canada?
The tuition fees for MS courses in Canada vary between 6,000 CAD/3,62,489 INR and 74,110.28 CAD/44,77,359 INR per year. The exact amount depends on the specific university and programme chosen by the student.
Is MS in Canada cheaper than US?
It is generally observed that MS tuition fees in the United States are higher compared to Canada. Nevertheless, it is important to note that there can be variations in tuition fees based on the specific institution and programme chosen by the students.
Is it easy to get PR in Canada after MS?
After completing a one-year study program in Canada, international students have the opportunity to apply for Permanent Residency (PR). Canada offers various options and pathways for international students to reside and work in the country after their studies.
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1 thought on “Top PGDM Courses In Canada: Universities, Specialisations & Eligibility”
I have done Bachelor’s in Culinary Arts from India and completed my graduation in the year 2022 .I am 22 years old. After graduation, I have done 1 year paid internship from USA .Now, I would like to take occupational experience and learn culinary skills and also do masters in Culinary arts.How can I find the college n best course / country where I can persue studying further