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Masters in Business Analytics in Canada: Explore Top Colleges, Fees, Admissions & Career Scope

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Pragati Srivastava • 11 Mins read • 31 Jul 25
Masters in Business Analytics in CanadaMasters in Business Analytics in Canada

A Masters in Business Analytics in Canada is a career-focused postgraduate program designed to equip students with practical skills in data analysis, business intelligence, and decision-making using technology.

The program typically lasts 1 to 2 years, depending on the university and course structure. The average annual tuition fees range between CAD $20,000 and $50,000. To apply for Masters in Business Analytics in Canada, you generally need a bachelor’s degree in a relevant discipline, valid IELTS/TOEFL scores, and sometimes GRE/GMAT scores. Work experience is optional for most universities but can boost your profile.

Every year, thousands of Indian and international students choose Canadian universities to learn how to turn data into powerful business strategies. There are several world-known universities offering Masters in Business Analytics program in Canada,  including University of Toronto, University of British Columbia, University of Alberta, York University, and McGill University.

So, if you’re thinking about building a future in data-driven decision-making, Masters in Business Analytics in Canada is the perfect choice for you. Let's dive through this guide and get everything you need to know about studying Masters degree in Business Analytics in Canada, from eligibility to cost and top universities to the application process.


Masters in Business Analytics in Canada: Key Highlights

Before diving into details, here is a quick look at the essential facts about the Masters in Business Analytics program in Canada. These highlights will help you understand what the program offers, what it costs, and what you can expect after graduation.

Feature

Details

Course Name

Masters in Business Analytics

Course Duration

2 years

Academic Eligibility

A 4-year bachelor’s degree in Mathematics or relevant disciplines

Entrance Exams

GMAT/GRE (optional)

English Proficiency Test

IELTS, TOEFL, or PTE

Average Tuition Fees

CAD 20,000 - CAD 50,000 per year

Scholarship Availability

Yes

Top Universities

  • University of Toronto
  • University of British Columbia
  • University of Alberta
  • York University
  • McGill University

Top Job Roles

Data Scientist, Business Analyst, Data Analyst, Financial Analyst, and Market Research Analyst

Average Starting Salary

CAD 50,000 - CAD 1,50,000 per year


What is Masters in Business Analytics?

Wondering what exactly Masters in Business Analytics is and why it is different from a typical business degree?

In simple words, a Masters in Business Analytics is a postgraduate degree that offers combined knowledge of business with statistics, data science, and research technology. This program is perfectly aligned with your career goal if you want to work with the latest data technology to tackle real-life business challenges.

Canada’s masters degree in business analytics follows a globally recognized curriculum with international recognition. Therefore, if you desire to gain specialized knowledge in business analytics, you should consider pursuing a Masters in Business Analytics in Canada.


Masters in Business Analytics in Canada: Course Duration

In general terms, most universities in Canada offer Masters in Business Analytics programs with a duration of 2 years. However, some universities also provide a 1-year course option. Here is a table with quick details on the Masters in Business Analytics duration in Canada.

Program

Duration

Standard Program

2 years (may include co-op/internship)

Accelerated Program

1 year

Co-op Program

2 years (coursework + co-op/internship)

Note: Co-op programs are a great way to build your resume, earn some income, and make industry connections even before graduation.


MS in Business Analytics in Canada: Specializations

One of the best things about studying Masters in Business Analytics in Canada is the wide range of specializations it offers. 

Canadian universities offer various business analytics specializations that help you stand out and prepare for specific roles in the job market. Here are some of the popular specializations.

  • Big Data Analytics
  • Marketing Analytics
  • Financial Analytics
  • Supply Chain Analytics
  • Artificial Intelligence & Machine Learning
  • Risk Analytics
  • HR & People Analytics
  • Healthcare Analytics
  • Operations Analytics
  • Customer/Consumer Analytics


Masters in Business Analytics in Canada Admission 2025

If you are wondering how to start with the admission process for Masters in Business Analytics in Canada in 2025, this section is for you. It contains all the detailed information regarding when to apply, what marks and documents you need, which exams to take, and how to apply step by step.


MS in Business Analytics Admission in Canada: Intakes and Deadlines

Canadian universities generally offer three admission intakes for Masters programs. The most popular intake for Masters in Business Analytics in Canada is Fall Intake (September). However, Winter and Summer Intakes may also be available at selected universities.

Here we have tabulated the admission intakes and deadlines for the Masters in Business Analytics Program in Canada.

Intake

Program Start

Typical Deadline

Fall

September

December to March (same year)

Winter

January

June to September (previous year)

Summer

May

September to November (previous year)

Note: Deadlines may vary depending on the university. It is always advisable to check the official website for the latest updates.


Eligibility for Masters in Business Analytics in Canada for Indian Students

To be eligible for Masters in Business Analytics in Canada admission, you must meet specific academic, language, work experience, and entrance exam requirements. Below, we have highlighted the basic eligibility criteria for Indian students accepted by Canadian universities.

  • Bachelor’s Degree: A 4-year undergraduate degree in business, engineering, math, computer science, economics, or a related field.
  • Minimum GPA: Usually 3.0 on a 4.0 scale (approx. 70–75% or higher in Indian grading systems).
  • Work Experience (optional): 1–2 years of relevant experience in analytics, IT, finance, or consulting is required but not mandatory.
  • Language Proficiency: Proof of English language ability is required (IELTS/TOEFL/PTE).


Masters in Business Analytics in Canada: Entrance Exams

Here are some of the entrance tests that are accepted by the Canadian universities for Masters in Business Analytics program.

Exam

Minimum Score Required

IELTS

6.5-7.0

TOEFL

88-100

PTE

60-65

GMAT

600+

GRE

300+

Note: The minimum score mentioned in the above table may vary as per the universities. GRE/GMAT is not mandatory at many Canadian universities, but having a good score can strengthen your application.


Masters in Business Analytics Admission in Canada: Documents Required

Document verification is the crucial step in the admission process. This step formally determines whether you are eligible for enrollment or not. So it is very important to have the required documents that clearly show your eligibility and qualifications.

Here we have provided the checklist of documents required for Masters in Business Analytics in Canada.

  • Academic Marksheets (with English translation if needed)
  • Bachelor’s Degree Certificate
  • IELTS/TOEFL Scores
  • GRE/GMAT Score Reports (if required)
  • Statement of Purpose (SOP)
  • Letters of Recommendation (usually 2–3)
  • Updated Resume/CV
  • Passport Copy
  • Proof of Work Experience
  • Application Fee Payment Receipt


Masters in Business Analytics in Canada Admission: Step-by-Step Process

Now that you have all the required information about eligibility, entrance exams, intakes, and documents, it's time to put everything together and start the application process for Masters in Business Analytics in Canada.

Here we have crafted a step-by-step guide for a successful admission experience.

Step

Description

Research and Shortlist Universities

Begin your application process by exploring top Canadian universities offering Masters in Business Analytics programs. Consider factors like program duration, specializations offered, tuition fees and scholarships, co-op or internship opportunities, etc.

Check Eligibility Criteria

Visit each university’s official website to confirm the academic requirements, accepted entrance exams, preferred work experience and other program-specific prerequisites.

Register and Prepare for Entrance Exams

If required, prepare for and take the necessary exams such as IELTS/TOEFL/PTE and GMAT/GRE. Make sure your test scores meet or exceed the minimum requirements.

Gather All Required Documents

Organize and prepare your application documents in advance. These usually include academic certificates, English proficiency test scores, GRE/GMAT scores (if applicable), statement of purpose (SOP), letters of recommendation (2–3), resume/CV, etc.

Submit Applications Online

Apply directly through the university’s official admission portal. Fill out the form carefully, upload the required documents, and pay the application fee.

Attend Interview (if applicable)

Some universities may ask for a short online interview as part of the evaluation. It is basically to check your communication skills and understanding of the program.

Receive and Accept Offer Letter

If selected, you will receive a conditional or unconditional offer letter from the university. Accept the offer by paying the deposit.

Apply for a Canadian Study Visa

After accepting the offer, begin your Canadian Study Permit application. You will need to submit your acceptance letter, proof of funds, passport, and other supporting documents.


Why Choose Masters in Business Analytics in Canada?

Study in Canada offers numerous advantages to Indian students. When it comes to the field of Business Analytics, Canada has established itself as one of the top destinations globally. Below are some of the key reasons why pursuing a Masters in Business Analytics in Canada is highly preferred by Indian students:

  • Globally recognized universities
  • High demand for business analytics professionals
  • Post-Graduation Work Permit (PGWP) up to 3 years
  • Affordable tuition fees and living costs
  • Internship and co-op opportunities with leading companies

Also Read :

Other Popular Countries for Studying Masters in Business Analytics




Masters in Business Analytics in Germany

Masters in Business Analytics in Australia

Masters in Business Analytics in Ireland


Top Masters in Business Analytics Universities in Canada

Canada is recognized for its world-renowned universities that offer high-quality education, strong industry connections, and hands-on learning through co-op and internship programs, especially in the fields of business analytics. If you are planning to pursue a Masters in Business Analytics in Canada, choosing the right university is a big step toward your career success. 

To help you make the right decision, here we have listed the top 10 Canadian universities that offer Masters in Business Analytics programs along with their latest rankings.

University Name

QS World Ranking 2025

University of Toronto

25

McGill University

29

University of British Columbia

47

Western University

49

Queen’s University

79

University of Alberta

96

University of Waterloo

115

HEC Montreal

151-200

McMaster University

173

York University

362


Masters in Business Analytics in Canada Fees 2025: University-wise

The tuition fees for Masters in Business Analytics course in Canada vary depending on the university. The average tuition fee ranges between CAD 20,000 and CAD 50,000 per year. For your convenience, here we have provided the Masters in Business Analytics fees in Canada for Indian students of the top universities.

University Name

Annual Tuition Fees

University of Toronto

CAD 78,550

McGill University

CAD 72,600

University of British Columbia

CAD 69,745

Western University

CAD 66,973

Queen’s University

CAD 83,600

University of Alberta

CAD 46,200

University of Waterloo

CAD 43,000

HEC Montreal

CAD 24,600

McMaster University

CAD 41,247

York University

CAD 92,745

Note: Fees are subject to change. Always check the university's website for the most updated figures before applying.


Cost of Living in Canada for Indian Students

To plan your budget wisely and precisely, you must understand the cost of living. It is the most essential part of your total cost of studying in Canada. As the living expenses depend on your lifestyle and the location you choose, they may vary. However, here we have specified the approximate monthly cost of living in Canada for Indian students.

Expense Type

Monthly Cost (CAD)

Monthly Cost (INR)

Rent & Utilities

$800 - $1,200

₹49,000 – ₹73,000

Food

$300 - $500

₹18,000 – ₹30,000

Transport

$100 - $150

₹6,000 – ₹9,000

Internet & Phone

$80 - $100

₹4,900 – ₹6,100

Miscellaneous

$200 - $300

₹12,000 – ₹18,000


Masters in Business Analytics in Canada: Scholarships

Study in Canada can be expensive, but the good news is that many Canadian universities offer scholarships, awards, and financial aid specifically for international students. There are different types of scholarships available that can help reduce the cost of your Masters in Business Analytics in Canada. These scholarships include:

  • Merit-based Scholarships: Based on academic performance, test scores, and leadership qualities.
  • Entrance Scholarships: Automatically awarded upon admission (no separate application needed).
  • Need-based Financial Aid: Given to students with proven financial need. Some universities offer limited options for international students.
  • External Scholarships: Provided by Indian or Canadian government bodies, private organizations, and NGOs.

Explore the given table, as we have described the popular scholarships for Indian students pursuing Masters degree in Business Analytics in Canada.

Scholarship

Offered By

Benefit

Ontario Graduate Scholarship (OGS)

Ontario Government

CAD 5,000 per term

UBC International Scholarship

UBC

CAD 5,000 – CAD 20,000

York University Awards

York University

CAD 10,000 – CAD 25,000

Queen's Merit Scholarships

Queen’s University

CAD 5,000 – CAD 15,000

CNST Scholarship

ACUNS

CAD 10,000 - CAD 15,000


Career Opportunities After MS in Business Analytics in Canada

One of the biggest perks of pursuing a Masters in Business Analytics in Canada is the wide range of career paths you can explore after graduation. You have various options to choose from both nationally and globally. 

Go through the section below, as we have highlighted the popular job roles, top recruiters, and salary expectations you can aim for after completing your masters degree in Canada.


Popular Job Roles After Masters in Business Analytics in Canada

Here are some in‑demand career options that analytics graduates from Canadian universities can pursue.

  • Business Analyst
  • Data Analyst
  • Business Intelligence Analyst
  • Operations Analyst
  • Financial Analyst
  • Marketing Analyst
  • Supply Chain Analyst
  • Management Consultant
  • Product Analyst
  • Analytics Manager


Top Recruiters Hiring Business Analytics Graduates in Canada

Many Canadian and global companies hire analytics grads for roles across strategy, operations, technology, and finance from Canadian universities. Below are some of the popular recruiters.

  • Deloitte
  • Accenture
  • Amazon
  • RBC (Royal Bank of Canada)
  • Scotiabank
  • Google
  • IBM
  • PwC Canada


Masters in Business Analytics in Canada: Expected Starting Salary

After completing your Masters degree in Business Analytics from Canada, you can expect a starting salary of CAD 50,000 to CAD 1,50,000 per year, depending on the experience level. The following table outlined the experience-wise average annual salary that you can expect as an analytics graduate.

Job Level

Average Annual Salary

Entry-Level

CAD 50,000 - CAD 70,000

Mid-Level

CAD 80,000 - CAD 1,00,000

Senior-Level

CAD 1,10,000 - CAD 1,50,000


Frequently Asked Questions
Ques. What are the eligibility requirements for MS in Business Analytics in Canada for Indian students?

Ans. To apply for Masters in Business Analytics in Canada, Indian students generally need:

  • A 4-year bachelor's degree (in business, engineering, computer science, or similar fields)
  • A minimum GPA of 70–75%
  • Proof of English language proficiency (like IELTS or TOEFL)
  • Some programs may also require GRE/GMAT scores or work experience


Ques. What is the cost of studying Masters in Business Analytics in Canada?

Ans. The tuition fees for Masters in Business Analytics in Canada usually range from CAD $20,000 to $50,000, depending on the university.


Ques. How long is the Masters in Business Analytics program in Canada?

Ans. Most programs are either 12 months (1 year) or 16–24 months (2 years) long. Some universities also offer co-op or internship options that may extend the duration.