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Masters In Management In Canada: A Comprehensive Guide

Masters in management in Canada

The availability of Masters in Management programmes in Canada is gradually expanding globally, positioning Canada as one of the prime destinations for international students seeking to pursue a master’s degree in management. This article aims to provide a comprehensive overview of everything related to Masters in Management in Canada. By undertaking a Master’s in Management programme in Canada, you will gain a well-rounded education, practical experience, and open doors to a fulfilling career.

Why Study A Masters In Management In Canada? 

Masters in Management in Canada is a specialised course programme that emphasises subjects such as entrepreneurship, marketing analytics, and operations management, among others. Unlike an MBA in Canada, this master’s programme does not require applicants to have any prior work experience. Furthermore, compared to an MBA, Masters in Management in Canada offers lower tuition fees while providing a diverse array of career prospects after completion of the programme. 

Over the past decade, there has been a significant 49% increase in the number of Masters in Management graduates worldwide. Students opt to study in Canada due to its multicultural lifestyle, which adds to the appeal of pursuing this degree in the country. This blog will delve more into why studying this exciting course in Canada is worth it and wil also talk about the universities, eligibility criteria and more. 

Top Management Degrees In Canada

Masters in management programmes provide students with specialized expertise in areas like entrepreneurship, marketing analytics, and operations management. Many Canadian universities offer management degrees lasting one to two years, providing a solid foundation for launching a management career. The curriculum of these programmes typically covers:

  • MSc in Management
  • MA in Tourism Management
  • Master of Engineering Management
  • Masters in Management Analytics
  • Master of Global Management
  • Masters in Strategic Mining Management
  • Masters in Resource Management

Top Universities For Masters In Management In Canada

Masters in management in Canada

Canada boasts a distinguished reputation for housing some of the finest business schools in the world. When it comes to pursuing a Masters in Management in Canada, several renowned colleges stand out as top-ranking institutions. Here is a selection of them along with their specific fees per semester:

Name of the UniversityTuition fees
McGill UniversityCA $45,000
University of AlbertaCA $20,000 To CA $35,000
University of TorontoCA $45,630
Queen’s UniversityCA $15,166
Simon Fraser UniversityCA $16,523
University of Lethbridge CA $20,585
University of WindsorCA $29,400
University of ManitobaCA18,969
University of MontrealCA $20,251
University of British ColumbiaCA $52,641

Eligibility Criteria You Need To Fulfill 

Unlike many other countries, students can avail of a  special MS in management in Canada as well. This unique feature enables students from diverse countries, including United States, Australia, America, Hong Kong, India, and the UK, to secure an F-1 visa that extends their Optional Practical Training (OPT) period to 24 months, in addition to the regular 12-month OPT tenure.

To be eligible for pursuing a Masters in management in Canada, students must meet the following requirements:

Eligibility CriteriaRequirements
Academic BackgroundPossession of a bachelor’s degree in a relevant field of study from an eligible university, with a minimum of 80% marks or above.
Standardised Test (GRE/GMAT)Attainment of the required score on the GRE or GMAT (generally, a score of 650 or higher is considered advantageous).
English Proficiency TestsNon-native English-speaking students must demonstrate their English proficiency by achieving the minimum required score on the IELTS or TOEFL (typically, a score of 6.5 or 90, respectively, is considered beneficial).

The following documents are also necessary for applying for admission for a Masters in Management programme in Canada:

  1. Evaluated academic transcripts from all educational institutions attended
  2. 2-3 Letters of Recommendation
  3. Resume
  4. Writing Sample or Statement of Purpose
  5. Some universities may require a video essay or question
  6. Scores of standardised tests for studying in Canada
  7. Payment of non-refundable admission application fee.

English Language Proficiency Test Scores

Name of the UniversityIELTSTOEFL
McGill University6.586
University of Alberta6.5100
University of Toronto7.0100
Queen’s University7.088
Simon Fraser University8.5-9.095
University of Lethbridge 6.580
University of Windsor7.0100
University of Manitoba6.5100
University of Montreal8.0114
University of British Columbia7.0100

Cost Of Masters In Management In Canada

When pursuing a Master’s in Management (MIM) in Canada, the expenses go beyond the tuition fee. Additional costs, including application fees, travel expenses, daily living expenses, and miscellaneous charges, must be taken into account by the students. Below, we have provided the average tuition fee and average living costs, although it is important to note that the living expenses will vary depending on the individual’s lifestyle and the specific area of residence.

The masters in management in Canada fees for the first year are based on an average of 31 colleges, amounting to INR 22 Lakhs. As for the average living costs, it totals INR 5.5 Lakhs for one year.

ParticularsCost (Monthly)
Off-Campus Accommodation CA $550
On-Campus AccommodationCA $1,611
TransportationCA $100
Food CostCA $720
Utility CostCA $180
EntertainmentCA $60
GroceriesCA $64
ClothesCA $133
Total Cost of Living with Off Campus Accommodation CA $1,807
Total Cost of Living with On Campus Accommodation CA $2,868
Annual Cost of LivingCA $21,684

Scholarships Offered

For students aspiring to pursue this course in Canada, there are numerous scholarship opportunities available. Our website provides a comprehensive list of various scholarships specifically tailored for young dreamers like you. Here are a few examples of the scholarships available:

Name of the scholarshipFunding Amount
Lester B. Pearson International Scholarship ProgrammeVariable amount
Dr. Peter Briant Award for EntrepreneurshipFull tuition covered
Merit-based ScholarshipsVariable amount

Job Prospects After This Course

The field of management offers a wide range of career opportunities, and top employers for management postgraduates include Amazon, HSBC, Accenture, Oliver Wyman, Deloitte, Numera Analytics, and many more. Depending on your chosen specialisation, you can pursue a career as a business development manager, project manager, management consultant, and various other roles. The table below provides information on popular job roles within management and their corresponding average salaries.

ProfessionAverage salary
Assistant ManagerCA $44,992
Assistant DirectorCA $46,913
Business Development managerCA $35,759
Branch ManagerCA $84,390 per year
Chairman of BoardCA $388,299 per year

Choosing Between Management Courses: MBA Vs MIM

Basis of DifferenceMBAMIM
Who is it for?Experienced professionalsRecent Graduates
Tuition FeeHighMedium
Duration1-2 years full-time10-12 months
Salary recieved$10,000 $5,000
AgeAverage age of applicants should be 27 yearsAverage age of applicants should be 23 years

In conclusion, Masters in Management in Canada presents a compelling option for international students seeking a comprehensive and time-efficient course programme. With a duration of less than two years and a wide range of job perspectives, this programme has gained global popularity following its success in Europe. Canadian universities offer a high return on investment in terms of career opportunities and professional growth within a shorter timeframe.


Is Canada good for Masters in management?

With its outstanding quality of education, promising career opportunities, and competitive salaries for graduates, Canada is widely recognised as one of the premier destinations for pursuing a Master’s in Management (MIM) course abroad. These compelling factors position studying MIM in Canada as a highly desirable choice for international students.

Is MiM worth in Canada?

MIM programmes, previously limited to European and Canadian business schools, are now offered by universities worldwide. This growing availability has contributed to the increasing global popularity and recognition of MIM as a valuable master’s degree. Therefore, obtaining an MIM from Canada holds significance not only within Canada but also internationally.

Is GMAT compulsory for MiM in Canada?

While a GMAT or GRE score is not mandatory for admission into a Master in Management programme at Canadian universities, it is typically required by top-ranking institutions. For those aiming to secure admission into these prestigious universities, a GMAT score within the range of 550-600 is generally expected.

What is the starting salary after MiM in Canada?

The average MIM Salary in Canada ranges from CA $60,000 to CA $70,000 per year. However, it is relatively lower when compared to the salary of MBA graduates, which typically falls between CA $90,000 to CA $100,000 per year.

Are there scholarships available for international students pursuing a Master in Management in Canada?

The Ontario Graduate Scholarship is a prestigious funding opportunity available to Indian students pursuing Masters in Canada. Sponsored by the Government of Canada, this scholarship is specifically designed for international students aiming to pursue a Master’s degree in various fields across Canadian universities

How to write a good SOP for project management?

Steer clear of excessive elaboration within a single paragraph, as this can lead to a cluttered Statement of Purpose (SOP). Aim to limit each paragraph to a concise range of 150 to 250 words. Also, ensure your motivations or aspirations for studying are prominently featured at the outset of each paragraph. 

Thanks for reading this blog; If you want to read more such informative blogs; please check out the links below.

1 thought on “Top PGDM Courses In Canada: Universities, Specialisations & Eligibility”

  1. 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

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Masters in management in Canada

Masters In Management In Canada: A Comprehensive Guide

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