Canada is the best choice for aspiring students who want an MBA degree, as the tuition fees in Canadian universities are very affordable. An MBA in business analytics in Canada can be the right choice due to the quality of education and ample career opportunities. Several top universities provide the best placements securing a bright future. Moreover, an international degree will help you land a job easily elsewhere. In this blog, find ways to study and built a career in Business Analytics In Canada. Know about top colleges, fees and the salaries.
Top Universities For MBA In Business Analytics In Canada
One of the benefits of studying in Canada is to learn from the best faculty out there. Several top universities in Canada are in Quacquarelli Symonds (QS) ranking because of the quality of education. Before finalising the university, you must know their tuition fees, ranking worldwide, and other factors. The best universities in Canada for master in usiness analytics are as follows:
| Name of University | Tuition Fees (Annually) | Courses Duration | QS Rank |
| University of Toronto, Toronto | CA$68,205INR 41.27 Lakhs | 2 years | 21 |
| The University of British Columbia, Vancouver | CA$99,28760.08 Lakhs | 1 year and 4 months | 34 |
| McGill University, Montreal | CA$25,78215.6 Lakhs | 1 year and 4 months | 30 |
| McMaster University, Hamilton | CA$41,52825.13 Lakhs | 2 years and 4 months | 189 |
| University of Alberta, Edmonton | CA$29,19717.76 Lakhs | 1 year and 8 months | 111 |
Why Study MBA In Business Analytics In Canada?
Canadian business schools rank among the top universities worldwide, providing excellent educational qualifications and further work opportunities. Reasons why one must study an MBA in business analytics in Canada are mentioned below:
- Better job opportunities. The Canadian market is expected to grow by 2026.
- Top companies like Amazon, KPMG, Ernst & Young, Toronto-Dominion Bank, and others hire employees from top universities in Canada.
- Students can quickly get their Canadian work and study visas.
- The average salary of a business analyst is quite good and goes up to crores with experience.
- Unemployment in Canada is deficient, i.e., only 6.3%, as of February 2023, meaning abundant jobs exist.
Admissions For MBA In Business Analytics In Canada
There are several admission requirements to pursue an MBA in business analytics from Canada as per the university standards. The common or mandatory requirements for admission to Canadian universities are listed below:
- Graduation in a related branch of the MBA
- A minimum GPA is 3.0 out of 4.0, i.e. 83% to 86%.
- Scores of GMAT and GRE, if applicable.
- Must have cleared English Language exams such as IELTS. The IELTS score for Canada is highly recommended.
- Statement of Purpose – SOP For Business Analytics
- Letter of Recommendation (LOR)
- Work Experience
- Students can also check for PTE accepted colleges in Canada
Eligibility
The eligibility of GMAT and IELTS scores are mentioned below, which needs to be fulfilled to gain admission to the best universities in Canada for masters in business analytics:
| Name of University | GMAT | IELTS |
| McGill University | 700 | 6.5 |
| McMaster University | 600 | 7 |
| University of Calgary | 550 | 7 |
| Queen’s University | 600 | 7.5 |
| Laval University | 550 | 6.5 |
| York University | 550 | 7 |
| Carleton University | 550 | 6 |
| Brock University | 550 | 6.5 |
Work Experience
Previous work experience is not mandatory in all top universities in Canada for masters in business analytics, but it will boost the chance of getting admission. Work experience in related fields and practical calculus, programming, or statistics knowledge are preferred.
Canadian Student Visa
A Canadian student visa is a mandatory document to pursue any educational degree in Canada. You can apply for a Canadian visa once selected to be admitted to a particular college. Below is the process and time of Canada student visa is tabulated:
| Canadian Student Visa | |
| Application Portal | Online |
| Processing Time | 11 weeks |
| Valid Time | During the programme and 90 days more |
| Processing Fees (CAD) | 150 |
| Processing Fees (INR) | 9,095 |
| Visa Requirements | Acceptance letter from the universityValid passportTwo recent passport size photographProof of finances of up to 11,000 CAD (6 lakhs INR) annuallyStatement of Purpose |
MBA In Business Analytics Fees
While pursuing an MBA in business analytics in Canada, you must bear a high cost. The fees or cost of an MBA include tuition fees for university and the cost of living in Canada. The tuition fees of a few universities in CAD and INR are mentioned below, along with the cost of living in Canada:
Tuition Fees
The tuition varies according to the university and is different depending on the university’s standards. The table below shows the tuition fees for an MBA in business analytics from top universities in Canada:
| Name of University | Tuition Fee (CAD) | Tuition Fee (INR) |
| McGill University | 49,750 | 30.2 lakhs |
| McMaster University | 21,450 | 13 lakhs |
| University of Calgary | 39,660 | 24 lakhs |
| Queen’s University | 52,550 | 31.9 lakhs |
| Laval University | 31,455 | 19 lakhs |
| York University | 56,125 | 34 lakhs |
| Carleton University | 55,000 | 33.3 lakhs |
| Brock University | 34,175 | 20.7 lakhs |
| University of Alberta | 30,578 | 18.5 lakhs |
Cost Of Living In Canada
The monthly expenditure can be segregated into transportation, food, utility, and groceries. The monthly cost of living in Canada is distributed in the table below.
| Particulars | Cost (Monthly) |
| Off-Campus Accommodation | CAD 550 |
| On-Campus Accommodation | CAD 1,611 |
| Transportation | CAD 100 |
| Food Cost | CAD 720 |
| Utility Cost | CAD 180 |
| Entertainment | CAD 60 |
| Groceries | CAD 64 |
| Clothes | CAD 133 |
| Total Cost of Living with Off-Campus Accommodation | CAD 1,807 |
| Total Cost of Living with On-Campus Accommodation | CAD 2,868 |
| Annual Cost of Living | CAD 21,684 |
Scholarships For MBA In Business Analytics In Canada
Only some people can afford to study for an MBA in business analytics at a Canadian university. However, students can try to gain their MBA degree with the help of scholarships. Below are the few scholarship opportunities available for international students:
Placements In MBA In Business Analytics In Canada
Canada provides an excellent job placement opportunity for students who have completed their MBA in business analytics. Job title and average salary in CAD and INR is provided in below table:
| Job Title | Average Salary Package (CAD) | Salary Equivalent (INR) |
| Merchandise Planner | 60,000 | 36.42 lakhs |
| Business Analyst | 68,000 | 41.28 lakhs |
| Business Consultant | 69,000 | 41.88 lakhs |
| Business Continuity Professional | 105,000 | 63.74 lakhs |
| Business Development Coordinator | 51,000 | 30.96 lakhs |
| Business Development Associate | 51,000 | 30.96 lakhs |
| Business Development Manager | 70,000 | 42.49 lakhs |
| Business Operations Specialist | 60,000 | 36.42 lakhs |
| Business Process Writer | 106,000 | 64.35 lakhs |
| Business Development Specialist | 61,000 | 37.03 lakhs |
| Senior Business Analyst | 91,000 | 55.24 lakhs |
Degree Comparison
Students must explore all angles and courses before deciding on their final course. Here one can go through a comparison between an MBA and master’s degree with different parameters in the below table:
| Parameter | MBA in Business Analytics | Masters in Business Analytics |
| Programme Duration | 1-2 years | 1-2 years |
| Eligibility | Bachelor’s degree | Bachelor’s degree |
| Percentage Required | 83-86% | 76-81% |
| Work Experience | 1-5 years | Not Required |
| English Proficiency Requirements | IELTS: 7.0 | TOEFL: 92 | IELTS: 7.0 | TOEFL: 100 |
| Tuition Fees | 21,000-56,000 CAD (12.74 lakhs-33.99 lakhs INR) | 20,000 to 50,000 CAD i.e. between 12.14 lakhs and 30.37 lakhs INR |
| Top Job Roles | Business Development Manager | Business Operations Specialist | Business Development Specialist | Senior Business Analyst | Business Analyst | Data Analyst | Market Research Analyst | Management Analyst | Business Data Analyst | Financial Analyst |
| Average Salary | 88,000 CAD (53 lakhs INR) | 81,000 CAD (48.74 lakhs INR)/year |
Country-wise Comparison
MBAs offered in the USA would be rather different as compared to Canada. Before deciding to pursue an MBA, one must compare the USA and Canada with different parameters. Check out the below table:
| Parameter | MBA in Business Analytics in Canada | MBA in Business Analytics in USA |
| Programme Duration | 1-2 years | 2 years |
| Eligibility | Bachelor’s degree | Bachelor’s degree |
| Percentage Required | 83-86% | 90% |
| Work Experience | 1-5 years | 3-5 years |
| English Proficiency Requirements | IELTS: 7.0 | TOEFL: 92 | IELTS: 7.0 | TOEFL: 100 |
| GMAT/GRE Scores | 550+ | 700+ |
| Monthly Cost of Living | 1,987 CAD (1.19 lakhs INR) | 2,448 USD (2 lakhs INR) |
| Tuition Fees | 21,000-56,000 CAD (12.74 lakhs-33.99 lakhs INR) | 20,000-70,000 USD (16 lakhs-57 lakhs INR) |
| Top Job Roles | Business Development Manager | Business Operations Specialist | Business Development Specialist | Senior Business Analyst | Senior Business Analyst | Data Analyst | Business Intelligence (BI) Analyst | Director of Analytics | Senior Financial Analyst |
| Average Salary | 88,000 CAD (53 lakhs INR) | 82,000 USD (67 lakhs INR) |
FAQs
Q.1 How much does a business analyst MBA make in Canada?
A business analyst’s salary depends on their experience, but talking about a fresher, one can earn between 50,000 – 60,000 CAD.
Q.2 Is an MBA in business analytics from Canada worth it?
An MBA in business in Canada is definitely worth it as it provides wide exposure and you will learn business tactics from renowned professors of top universities in the world.
Q.3 Is it worth doing business analytics in Canada?
Yes, business analytics in Canada is worth studying as the Canadian universities grant access to quality education, great job prospects, and understanding of a comprehensive business landscape.
Q.4 Does business analytics have scope in Canada?
Canada has an excellent scope of business analytics due to countless job opportunities and a great salary structure even for beginners.
Q.5 How much do MBAs in business analytics freshers earn in Canada?
The average salary of a business analytics fresher can earn an average of 55,000 CAD or 33,39,632 INR per year in Canada.
Q.6 Is GMAT required to do an MBA in business analytics in Canada?
The GMAT score is required for an MBA in business analytics; however, several universities in Canada waive the GMAT to pursue an MBA degree.
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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