Canada is a popular student-friendly hub for most students who wish to pursue their masters’ degree and embrace cultural diversity. Study abroad programmes, especially pertaining to MBA in Canada makes it possible for students to get quality education and gain valuable life experiences that will help them grow, both personally and professionally. As an international student, you can find a number of MBA scholarships in Canada to finance your studies and other living expenses.
Studying next door to the US in Canada is a great idea for aspiring MBA students. The Canadian government is increasingly making efforts to attract more students. The Government of Canada has introduced an ‘International Education Strategy’ to focus on maintaining the global position of the country in higher education.
Canadian MBA colleges and universities are some of the most preferred options due to the quality learning experience offered to students through an updated curriculum. Business schools in the country offer excellent infrastructure, exposure, and financial aid including fully-funded MBA scholarships in Canada. Few of the reputed universities which have management schools offering such scholarship programmes include: University of Toronto - Rotman School of Management, McGill University - DeSautels Faculty of Management, York University - Schulich School of Business, UBC Sauder School of Business, University of Alberta and many more.
Some of the popular courses offered by business schools in Canada include MBA in International Business, Master of Science in International Business (MScIB), Executive MBA, Executive Management (EMBA), MBA in Community Economic Development, MBA in Financial Services, and MBA in Global Management. Fortunately, you can pursue these courses with the Canada MBA scholarships for international students to lower your tuition fees.
While making a careful decision about which university to enroll in, students consider the cost of studying in Canada as a major parameter. It should be noted that apart from the tuition fees, students should also consider other components like accommodation costs, travel and transportation costs, living expenses, insurance, and other expenses. That is when MBA scholarships in Canada play a major role in financially assisting students like you.
The cost of studying in Canada varies considerably depending on the type of degree, the course, the university, and the tenure. The tuition fees to study in Canadian universities lie within the range of CAD 32,019 for undergraduate programmes and CAD 19,252 for graduate programmes. Moreover, the cost of studying in Canada increases by a certain percentage every year. This is directly proportional to the increase in the number of students who wish to study in Canada. Recently, a number of MBA scholarship in Canada or MBA scholarships in Canada for international students 2020 have been introduced for students to overcome their financial burdens. They could be government-funded, non-government funded, or university-specific scholarships.
In order to give you clarity about the different MBA scholarships in Canada for International students that are provided either by the government or by the university, here’s what you need to read:
Sauder School Of Business Entrance Scholarships
The UBC Sauder School of Business offers a number of financial aid, support and assistance options available to both domestic and international UBC MBA students. These MBA scholarships in Canada are awarded to 35-45% of every class annually. Students who not only demonstrate the highest standard of academic excellence but also commitment and dedication to their career ambitions are given preference. Candidates are assessed on a number of factors, including work experience, academic achievement, business drive and the quality of the application essays.
Alberta MBA Scholarships
The Alberta MBA programme makes every effort to ensure that academically strong students and those in need receive financial support receive financial aid. Every year, a majority of full-time students admitted to the MBA programme receive some form of financial support either through entrance awards, scholarships, or bursaries. These MBA scholarships in Canada are usually awarded to students during the MBA programme. The exact criteria for each scholarship are different, but scholarships are typically designed to recognize excellence both academically and outside of the classroom.
Rotman School Of Management Scholarships
The Rotman School is invested in attracting strong candidates. You will be automatically considered for entrance awards with your Morning or Evening MBA application. Since they are fully funded MBA scholarships in Canada, awards are given to eligible candidates on a first-come, first-served basis to play a fair game. The School strives to recruit the best candidates and is committed to helping you advance your education by providing you with a broad range of financial options.
Ontario Graduate Scholarships
Ontario Graduate Scholarships are one of the most sought-after MBA scholarships in Canada by international students. These programmes are funded by the Canadian government to encourage students to pursue their graduate studies from public universities in Ontario. While the government offers two-thirds of the funding, the universities offer the rest one-thirds. These MBA scholarships in Canada for international students 2020 are awarded to outstanding applicants demonstrating excellent academic reports. It is offered at a value of $10,000 if the student opts for a two-term duration or at $15,000 if it is for three terms.
University Of Waterloo Graduate Scholarships
The University of Waterloo provides MBA scholarships in Canada valued at $1,000 per term to students registered full time in a Master's or Doctoral programme. Eligible students must have a minimum first-class (80%) cumulative average in their current programme or over the last two full-time academic years and be within the time limits of their graduate programme. No application is required, graduate departments will nominate eligible students automatically based on their allocation of funds.
Central Sector Scheme Of National Overseas Scholarship
The Ministry of Social Justice and Empowerment provides the National overseas scholarship to the Scheduled Caste (SC), denotified nomadic & semi-nomadic tribes, landless agricultural labourers and traditional artisan category students. These are Canada MBA scholarship for international students provided in order to enable students to obtain higher education. In order to be eligible for the National overseas scholarship, students should have secured at least 60% of marks or its equivalent grades in the qualifying examination.
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