International Business University
Toronto, Canada
- Cost of LivingCAD 24,264
- Tuition Fee FromCAD 34,500
- Country Rank-
- Batch Strength-
- Global Diversity-
- Gender Ratio-
Overview
About
4 December 2020 was the commencement of an incredible academic journey of the famous niche-oriented university in Canada. International Business University was a product of brainstorming among academics and business people who collaborated to make their dream a reality. The university has quite a history from the idea generation in 2015, a written proposal in 2019, approval of the application in June 2020 by Ontario’s Postsecondary Education Quality Assessment Board, to the granting of final consent by Ontario’s Minister of Colleges and Universities.
Under the leadership of Tim Mc Tiernan (Founding Vice-Chancellor and President) and Mark Lovewell (Founding Vice President-Academic and Provost), International Business University was launched in September 2021. Priding itself as the ‘next generation university’, International Business University offers business and IT programs like Business Management, Digital Sales and Marketing Management, International Management and Technology, and Information Technology Management.
International Business University Acceptance Rate
International Business University English has small classes of a maximum of 30 students, making it easier to manage and get excellent results from the students. This narrows down the possibility of getting a space in the university. However, the International Business University acceptance rate increases with proper application that follows all the necessary steps and requirements. Although any percentage is given officially by the institution, it's relatively high.
Ranking
International Business University is yet to be ranked globally among the best-performing universities. However, the work it already does is quite reputable and deserves a space among the top business universities in Canada. This is drawn from the learning approach, niche-focused program customisation, and university setting. In the future, as International Business University grows, it'll offer a competitive ranking among top international business universities.
Year
QS Ranks
US News Ranks
2023
-
-
Facilities
International Business University is equipped with various facilities to enhance the overall learning experience of its students. These facilities are meant to improve the living conditions and give a friendly studying environment to students.
Large common rooms/student lounges – they are meant to enhance inclusivity, social life, and student group discussions.
- Digital Library – unlike conventional libraries, this helps with quick screening of study materials as there is Wi-Fi throughout the campus.
- Student Support Service Offices – these are selected spaces to help students with any inquiries involving their university life.
- Well-equipped classrooms – there are limited students per class (30) for efficient learning and with all necessary equipment required.
- Centre for Sustainable Business – It is a resource that reinforces success in MBA programmes through research and knowledge-sharing for sustainable business and management.
Courses
Admission
International Business University Entry Requirements
Prospective students intending to join International Business University should know the requirements to increase their chances of acceptance. The university has high standards for new applicants as their mode of study requires only the best-qualified candidates to excel. These International Business University entry requirements differ with programs, but general ones apply across all levels.
Undergraduate Programs:
- For high school leavers – High school transcript/Ontario Secondary School Diploma (at least 70% in 6 courses at 4M or 4U level) and a completed application form
- Mature students – official transcripts showcasing proficiency assessments/postsecondary level courses, a completed application form, and a resume
- Other postsecondary institutions – official transcripts from the institutions, detailed course description (for credit transfer), and a completed online form
Graduate Programs:
- Direct entry – Honors undergraduate degree/other undergraduate, 2-year work experience, GMAT score of over 560, B+ GPA or equivalent, and/or additional courses
- Mature and transfer students could be admitted case-by-case when they meet all requirements.
- All applicants should present a completed online application form, official transcripts, non-refundable application fee, CV, statement of purpose, reference letters, and GMAT minimum score of 560
International Business University Fees
International Business University is very transparent with the fees charged for every course. This information is crucial for aspiring students as it helps them determine whether/not they can cover the costs involved in their educational journey. It also has an education section on the official website to help students protect themselves from fraudulent activities involving International Business University fees.
|
Expense |
Cost (Canadian Dollar) |
|
Bachelor of Commerce (Honours) |
|
|
Domestic students |
$6000 |
|
International students |
$9000 |
|
MBA |
|
|
Domestic students |
$6000 |
|
International students |
$9000 |
|
Confirmation of Admissions |
|
|
Domestic students |
$250 |
|
International students |
$1000 |
NB: All charges are split into two significant sub-fees: tuition and ancillary fees. All fees are subject to change after the annual review.
International Business University Placement
International business is a highly marketable study niche attracting employers across various industries. This makes it easier for graduates to land their jobs after completing their programs. Other competitors show an upward 78% acceptance rate within the first 90 days of graduation, and International Business University's placement rate also falls within that range. This is based on a comparison of performance and education quality, although official International Business University placement statements are yet to surface.
International Business University English Proficiency Requirements
Showcasing your English proficiency while applying for a slot at International Business University is crucial for international students. This highlights and proves that you can easily communicate and study in the language without barriers to academic delivery. The International Business University English proficiency requirements are apparent.
|
Tests type |
Minimum test score |
|
Cambridge Assessment English C1 Advanced/C2 |
175 |
|
CAEL |
70 |
|
IELTS |
6 |
|
PTE |
60 |
|
TOEFL iBT |
83 |
|
Canadian Language Benchmarks score |
7 |
|
Postsecondary level English for Academic Purposes program accredited by Languages Canada |
B |
|
CEFR |
Level C1 |
|
MELAB |
76 |
|
CanTEST |
4.0 in Writing 4.5 in Reading and Listening |
|
Duolingo |
105 |
Scholarship
Finances are significant when facilitating your educational goals as they cater to various fees, from tuition and accommodation to daily needs. The International Business University acknowledges the importance of financial accessibility to make high-quality education accessible to every prospective student. UniScholars is a valuable tool for students to find and acquire scholarships that fit their program model and get substantial amounts for their educational needs. Some of the UniScholars-verified scholarships at International Business University include:
- Entrance scholarships for Academic Achievement: issued for the first two semesters at IBU. It is determined by average admission and ranges from $1000 - $3000 per semester. Eligibility is determined by considering Grade 12 U/M final credit course grades or equivalent.
- General entrance scholarship: issued for the first two semesters at IBU. The amount is $750 for each semester. Eligibility requirement is a minimum 80% course load that translates to 12 credit hours.
Finances
When scholarships aren’t an option, loans often provide the second-best financial option at International Business University. However, many essential details revolve around loans, from processing time to qualifications, repayment terms, interest rates, and securities. UniCreds comes in handy to help students educate themselves on the various student loans in Canada, how to acquire them, and the best terms to settle for.
Accommodation
Other than school life, accommodation is as significant to your educational goals. Students have to get enough quality rest and live under good standards to provide enough comfort to be effective in their academic prowess. The International Business University offers various accommodation options for its students. The institution is considerate enough for all parties, including students abled differently. UniAcco is a convenient tool to help students search for their ideal accommodation, narrowing down the alternatives through filters to find the best possible option.
Cost of Living
Starting life in a foreign country can be quite a hassle, especially if you are incorporating that with pursuing a new education program. However, the International Business University is very considerate in providing its students with a breakdown of the possible costs of overall expenses that they might incur during their life in Toronto, Canada. This information will be instrumental when budgeting your finances to ensure you evenly distribute your funds for effective spending.
The table below showcases the average costs per expense to ensure you budget your funds appropriately.
|
Particulars |
Monthly Cost (Canadian Dollars) |
|
Off-Campus Accommodation |
$1283 |
|
On-Campus Accommodation |
$1000 |
|
Transportation |
$148 |
|
Food Cost |
$780 |
|
Utility Cost |
$125 |
|
Entertainment |
$67 |
|
Groceries |
$179 |
|
Clothes |
$71 |
|
Health Insurance |
$75 |
|
Total Cost of Living with Off-Campus Accommodation |
$2,728 |
|
Total Cost of Living with On-Campus Accommodation |
$2,445 |
|
Annual Cost of Living |
$29,340 |
IBU is a leading academic institution specialising in a combination of business and IT, a move meant to provide solutions to future business problems. With properly knitted programs, reliable resources, and effective learning methods, the International Business University produces