Masters in International Business in Canada: Top Universities, Admission, Fees, Scholarship, Placements

Masters in International Business in Canada is a 1-2 year graduate degree course. It is available as M. Sc or MBA in International Business in Canada through a few renowned universities. The course offers students an understanding of business practices across the world. For admission to this course, as an Indian student, you need a bachelor’s degree with 75% marks or above. The universities in Canada also expect a minimum GMAT score of 500 or equivalent GRE mark for enrolling international students. Indian students will also need English proficiency test scores such as 6.5 or above in IELTS or equivalent. 

The course has a total tuition fee between 32901 and 81180 CAD (INR 2016000 and 4975000) throughout the renowned universities in Canada. If you are suffering from financial hardship, you can select from the different university-provided and externally funded scholarships available to international students. The university scholarships such as Richard lively MSc Excellence Awards reduce up to 20000 CAD (INR 1225000) from your total costs.

As per current students, there are a range of professional opportunities for international business students. Securing a job based on your effort in seriousness and studies. Some students secure jobs even before completing their graduation. On average, international business students in Canada yearly earn an average salary of 91000 CAD or INR 5576000 in a year. 

Masters in International Business in Canada: Highlights

Some key highlighting points of the Masters in International Business in Canada are identified ahead:

Masters in International Business in Canada - Important Dates and Events

Masters in International Business in Canada important events and dates are identified:

Application Start & End Dates for Top Universities

University specific application deadlines are mentioned in this section:

Masters in International Business in Canada Fees

The total tuition fees for Masters in International Business in Canada range between 32901 CAD and 81180 CAD (INR 2016000 - 4975000). The university-specific tuition fee structure for this particular program is served below:

Living Cost

The average living cost in Canada is between 1500 and 3000 CAD monthly. For Indian students, this cost range is equivalent to INR 91920 and 183000. Your living cost is based on different factors such as modes of transportation, accommodation options, lifestyle and eating habits. 

Why Choose a Masters in International Business in Canada?

Choosing a Masters in International Business in Canada serves numerous advantages, including a strong economy, quality education with diverse specializations. Canadian universities are known for their globally recognized courses, research scopes and strong ties to the business community, serving valuable networking scopes and high employability.

• Career Opportunities: A masters in International Business in Canada opens doors to different career ways in Canada and internationally. In addition, graduates can study roles in areas such as finance, marketing, logistics and brand management. The average salary for International Business Managers in Canada can range from CAD 72000  to CAD 143000 per year.
• Quality Education and Research: Canadian universities are renowned for their high-quality education and globally ranked courses in international business. They serve specialized courses and research scopes that enable students to tailor their studies to their particular career benefits. 
• Networking Opportunities: Canadian universities often have strong ties with the business community, serving students with valuable networking opportunities. These connections can lead to internships, mentorship and job opportunities. 

Also Read :

Other Popular Countries for Studying Masters in International Business

Masters in International Business in Canada Qualification

To study Masters in International Business in Canada, Indian students generally need a bachelor’s degree, strong English language proficiency tests (like IELTS or TOEFL) and may also require standardized test marks such as GMAT or GRE, based on the universities.

Masters in International Business in Canada Eligibility Criteria – Category-wise

Masters in International Business in Canada eligibility criteria is explained in this section:

Masters in International Business in Canada Application Process

For a Masters in International Business in Canada, students will need to complete an online application on the university’s website, submit academic transcripts and potentially serve standardized test marks and proof of English language proficiency.

• Step 1: Research and select a Canadian university offering a Masters in International business that matches with your academic background and interests.
• Step 2: Access the online application of the university portal and fill out the required fields. Pay the application fee according to the university guidelines.
• Step 3: Prepare and submit official transcripts from all previously attended universities, including your UG degree.
• Step 4: Many universities need GRE or GMAT marks. Check the particular requirements for the university and program you are applying to. 
• Step 5: Many universities need GMAT or GRE marks. Check the particular mark requirements for the university and program you are applying to.
• Step 6: International students are required to prove their English language proficiency through tests such as TOEFL or IELTS. Confirm your marks meet the minimum requirements for the selected university. 
• Step 7: Prepare supporting documents like SOP and LOR.
• Step 8: After submitting your application, wait for the decision of the university. If accepted, you will receive an email notification and instructions on how to proceed. 
• Step 9: If accepted, pay the tuition deposit within the particular time span.
• Step 10: Apply for a Canadian study permit.
• Step 11: prepare for your journey. 

GMAT/GRE Requirements

• While a GMAT mark of 550 or a GRE mark of 140 (Verbal)/ 150 (Quantitative) are often cited as minimums, these can fluctuate based on the particular institution and course.
• Some universities, like the University of Victoria, may not require GMAT or GRE marks, specifically if you have strong academic performance and significant work experience. 

SOP, LOR, and Resume

Top Masters in International Business Entrance Exams for Canada

For Masters in International Business Programs in Canada, the most common entrance exams are IELTS, TOEFL, PTE and Duolingo for English proficiency and GMAT or GRE for general aptitude and business-regarding skills. 

GMAT Preparation Strategy

• Start with a diagnostic test to recognize your weaknesses and strengths.
• Create a detailed study plan depending on your diagnostic results, allocating time for every topic and section.
• Dedicate daily study time, even if it is just a few hours every day and stick to your schedule.
• Confirm you are dedicating sufficient time to both Verbal and Quant sections. 

IELTS/TOEFL Tips

• Familiarize yourself with question types, structure and time limits for every section (Writing, Speaking, Listening and Reading).
• Use mock tests and past papers to simulate exam conditions and recognize areas for development.
• Pivot on expanding your vocabulary and learning how to use new words in context.
• Practice time management techniques to confirm you can finish all sections of the test within the allotted time. 

Masters in International Business in Canada Cutoff

Masters in International Business in Canada Cutoff marks in different exams are listed here:

GMAT Cutoffs of Top Canada B-Schools/Universities/Colleges

GMAT cutoffs of top masters in international business in Canada colleges are listed ahead:

IELTS/TOEFL Score Cutoffs

IELTS/TOEFL cutoffs for Masters in International Business in Canada are identified ahead:

Course in Location Syllabus

Masters in International Business in Canada covers a wide range of topics including international business, finance, management, marketing with focus on cross-cultural and global perspectives. Applicants can expect to pursue subjects such as global supply chains, international business law and international entrepreneurship. 

Core Courses

Core courses for Masters in International Business in Canada syllabus include:

• Business Economics
• Business Research Methods
• Human Resource Management
• Corporate Ethics and Governance
• Entrepreneurship
• Leadership Development
• Fundamentals of International Management
• Business Statistics
• International Banking and Finance
• International Business Law
• International Entrepreneurship and Innovation

Best Universities/Colleges for Masters in International Business in Canada

Best universities for Masters in International Business in Canada with its courses are listed in this tabular format: 

Public Universities 

Names of the public universities with QS rankings are mentioned in this following table:

Private B-Schools  

Name of the private B-school and its QS ranking identified here: 

Masters in International Business in Canada vs Diploma in International Business in Canada

The difference between the Masters in International Business in Canada and Diploma in International Business in Canada are identified ahead:

Masters in International Business in Canada Scholarships

The universities in Canada offer a range of scholarships to students studying Masters in International Business in Canada. The university scholarships can cover from 12000 to 20000 CAD of your costs. Check out some scholarships that Indian students can available at the universities serves Masters in International Business in Canada:

Career Scope After Masters in International Business in Canada 

Masters in International Business in Canada offers diverse career scopes throughout different sectors, graduates can find scopes in areas such as international business, finance, supply chain management, marketing and management consulting. Popular job roles include Business Development Manager, Financial Analyst, Supply Chain Manager, Marketing Manager and consultant.

• Management Consulting: Many Masters in International Business work as management consultants, advising businesses on global expansion, operational efficiency and market entry strategies.
• International Trade: Roles in export/import management, global business consulting and trade policy analysis are also common.
• Marketing: International marketing management, market research and brand management roles are available.
• Supply Chain Management: With the enhancing globalization of supply chains, graduates can find positions in supply chain management, procurement and logistics

Top Recruiters/Placement Companies

Top recruiters for Masters in International Business in Canada are listed ahead:

• Deloitte
• PwC
• KPMG
• Amazon
• HSBC
• Apple
• Ericsson
• Adidas

Masters in International Business in Canada Salary Package

Masters in International Business in Canada salary package is explained in this table:

Average Salary for Indian Students

Frequently Asked Questions

Ques. How much is the tuition fee for Masters in International Business in Canada?

Ans. The tuition fees for Masters in International Business in Canada varies between 43587 to 81180 CAD or INR 2671000 to 4975000. However, tuition fees for MBA in International business are 32901 and 70000 CAD or INR 2016000 and 4290000. 

Ques. What is the difference between MS and MBA in International Business in Canada?

Ans. MBA in International Business in Canada is designed for students from business background with fundamental knowledge of business. The course generally has a requirement of 2 or more years of work experience. The MS course is available to students from any academic background and even without work experience.

Ques. What is the scope of International Business Management in Canada?

Ans. Applicants completing studies in International business management from a top Canadian university stand eligible to apply for jobs are Supply Chain Manager, Market Analyst, External Auditor, International Trader, Product Manager and Consultant.  

Ques. Which universities in Canada offer International Business Management?

Ans. Names of the universities in Canada for International Business management are:

• Thompson Rivers University
• York University
• Dalhausie University
• Brock University
• Vancouver Island University

Ques. Can I study for a masters in International Business in Canada after graduation?

Ans. Yes, you can study for a masters in International Business in Canada after completing your graduation.