May 25, 2023
A 1-2-year post-graduation programme, Master in International Business in Canada is a highly desirable course that prepares students to understand and challenge worldwide business problems. The degree course includes subjects like foreign laws, currency exchange, profit management strategies, supply chain logistics, corporate structure, and political risks. As an international student, if you wish to study in Canada, then you can either opt for a full- or part-time programme type.
The average fee for a master’s degree in international business is approximately between 35,000 CAD and 70,000 CAD. After completion of this course, several career options open up in the field of business and finance. You can easily find a job in related fields, offering a salary that ranges from 65,000 CAD to 105,000 CAD.
So, if you're interested in higher education in Canada, then here’s a list of universities in Canada to help you get started.
The first question you may be asking is why does one need a master’s degree in international business. Notably, it is a unique branch of business studies that opens new opportunities for youngsters.
If you want to get a clear idea about the real business world and its management practices, then you should choose a master’s in international business in Canada. The following are the benefits of pursuing this course:
Next up, you would want to know which universities in Canada offer the best master’s degree in international business. This would help you develop your plan of application, finance, accommodation, etc.
There are some basic requirements for admission to all Canadian universities. You must check out the accepted test scores at different universities and other necessary details, before applying. Some of them are provided here:
Students can study a two-year degree programme at this public university. The QS World ranking 2023 of the University of Alberta is 110. The first year of the course includes course orientation, a core curriculum, and a summer internship. While in the second year, international students can modify their programme as per their professional goals. The tuition fee for international students of the university is around 28,281 CAD per year.
The university has set the GMAT/GRE score requirement to 600 or above and the IELTS band requirement to 7.0 or above, which is higher than most other universities. The QS World ranking of the university in 2023 is 172. MSc in International Business is one of the most popular courses available here. Students are taught to deal with various managerial challenges faced by businesses and learn how to direct their complexities through case-based learning. The full-course tuition fee for international students of the university is 72,000 CAD.
The QS World ranking 2023 of this university is 246. This particular course at Queen's University is available in two options - a single-degree option with a total fee of 54,950 CAD and a double-degree option with a total fee of 84,625 CAD. Both allow international students to learn from one of the international business school’s partners.
The University of Victoria is one of Canada’s finest institutions, holding the 359th position in the QS World University Rankings 2023. The Master of Global Business programme duration is 12–16 months, including a global internship, which allows students to travel to three countries and is an entirely exclusive experience. The total fee for this course is 36,994 CAD per year.
York University in Toronto, Canada, is ranked 456th in the QS World University Rankings 2023. Students willing to kick start their career in international business management in Canada must sign up for the MBA International Business course. It is offered in full- and part-time variants and students may even shift between these course statuses if needed. The total fee for the 16 to 20 months programme is 53,460 CAD per year.
Now that we have understood how a master’s degree in international business helps and which universities in Canada you should aim for, we need to talk about the requirements to pursue this degree.
Students seeking admission to top universities for this programme are required to look at the specific eligibility criteria and university requirements. Let’s discuss these in detail:
International students must have a UG degree with a good academic record and a minimum score of 70%. The bachelor's degree must have subjects including international business, accounting, finance, marketing and organizational behaviour, and human resource management.
International students who do not come from English-speaking countries must submit English proficiency test scores. Most universities accept IELTS scores of 6.5 or above and some require 7.0 or more. Further, a PTE minimum score of 68 is required for admission to a Canadian university.
The GMAT/GRE score is required to study in Canada and the cut-off may vary from university to university. All international students are also required to apply for a Canadian study permit. Once the student receives an admission acceptance letter from the university, applications for study permits will be accepted. The documents required to apply for a study permit include the proof of acceptance, identity proof, and proof of financial support. You may also need other documents like a letter of explanation and medical certificate.
It's important to gather all possible documents that may be needed. While the documents required for admission may differ from university to university, students must keep the following handy:
As an international student, you must first look at options and select a university of your choice. Proceed with the online application after checking the requirements and information on the respective university websites. Submit the academic transcripts, documents, and test scores required by the specific university. Now, you have to wait for the admission result. Once your application is accepted, you will get an email confirmation and must pay the tuition fee within the allocated time period. After you are done with the official admission process, you can apply for a Canada study permit and plan your journey.
Canada is a favoured study destination amongst international students, the high quality of education offered by Canadian universities, internship opportunities and the high standard of living attract students from different parts of the world. However, most students planning to study in Canada do not research enough and may find it challenging to choose the top universities for applying for Master's in International Business. Connect with KC Overseas, a leading edtech company to guide you with the research, application process, scholarships, visa and more.