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MBA in Canada

The modern realm of business requires a proper administrative mind and an aptitude for taking up challenges for its expansion and growth.  A MBA degree enables a candidate to develop such skills and contribute towards effective management of a firm.
Statistical analysis showed that the UN has consistently ranked Canada as one of the best countries to live in owing to its high quality of life.  Canada offers a diverse multicultural environment and a low cost of living, providing the perfect platform for students aspiring to study MBA in Canada.
An on-campus MBA program is offered in the many streams, some of them are; General, Finance, International Business and Marketing. The entire course is spread over 12 months, and comprises of 2 semesters. Irrespective of the stream, each MBA program comprises of modules which are: Orientation Module, Foundation Module, Specialization Module and finally, Completion Module. The Orientation Module throws light on the interaction between the faculty and the students by addressing topics such as accounting, finance, information technology, strategy, statistics, economics, marketing, and PR. The Foundation Module provides a generalized knowledge of business functions. The Specialization Module emphasizes on the selection of an area of interest and its extensive study. Few of the multitudes of areas where specialization modules can be implemented are:
  • Accounts and tax
  • Business administration and general management
  • Finance
  • Market research and marketing management
  • Sales management, to name a few.
  • Human resources management
Finally, the Completion Module, which comprises of project work and research paper publications. A thesis may or may not be mandatory in addition to a project report or a detailed internship report which is submitted at the end of the completion module.
To pursue a MBA degree in Canada, the minimum eligibility requirement is a 4 year graduate degree with a 70% aggregate score. A student with a 3 year graduation degree has to have a compulsory masters degree before applying to the MBA program.  Most of the universities in Canada offering a MBA program may or may not include a work experience compulsion clause. Admission to the MBA course in Canada requires a valid GMAT score and an additional requirement of a TOEFL score for international students from non English speaking nations.
The cost of living being very reasonable in Canada makes it very easy for a student to afford the tuition fees of the MBA program. Many foundations and benefactors provide scholarships to students who are interested in pursuing MBA in a particular university. These scholarships are generally based on merit and could either be full fee waivers or partial scholarships.  Apart from the internal funding sources, there are many external sources, such as banks and professional organizations, which provide financial aid to a student.
MBA programs in Canada equip the student with the necessary skills such as logical reasoning, communicative skills. A multi cultural environment provides them to learn the essentialities of teamwork, utilization of theoretical knowledge and development of newer methods to tackle real life situations, and for effective planning for the growth of the organization and their own careers.
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