Canada is becoming increasingly popular for its MBA programs, attracting international students seeking high-quality education and job opportunities. Although some programs can be costly, numerous budget-friendly alternatives provide excellent education at a reduced price.
This blog will guide you through the most affordable MBA programs in Canada for international students, detailing tuition costs, program offerings, and application information.
Top 5 Universities Offering Affordable MBA in Canada
Many universities in Canada give students the chance to pursue an affordable MBA online. The following table presents a synopsis of five such institutions:
| University | Tuition Fee (approx) | Duration |
| O.P. Jindal Global University | CAD 2,873 | 12 months |
| Paris School of Business | CAD 18,700 | 12 months |
| Golden Gate University | CAD 13,673 (after scholarship) | 15 months |
| Edgewood College | CAD 9,400 (after scholarship) | 14 months |
| Liverpool Business School | CAD 12,995 | 18 months |
O.P. Jindal Global University
QS World University Rankings places O.P. Jindal Global University as the “No. 1 Private University in India”, an esteemed member of AACSB. Its 12-month online MBA program allows you to fast-track your career journey.
Program USPs:
- One-year online MBA, allowing you to fast-track your career progression.
- Choice of 7 specializations – Finance, HRM, Marketing, Strategy and Leadership, Supply Chain and Operations, AI for Business, Digital Finance.
Paris School of Business
With triple accreditation from AMBA, AACSB, and EFMD, the Paris School of Business also ranks among the FT top 100 in European Business School Rankings 2024. The course allows you the exclusive opportunity to attend a one-week immersion experience in Paris.
Program USPs:
- The course includes a CliftonStrengths Assessment, which provides actionable insights into your strengths and key areas for growth.
- The course curriculum encompasses core concepts in International Marketing, Strategic Management, International Finance, Change Management, and additional topics.
Golden Gate University
One of the oldest universities in California, Golden Gate University, offers a 15-month online MBA for working professionals. The course is designed to provide a blend of foundational skills in core business disciplines, complemented by essential soft skills. These include executive presentations, effective communication, and team building.
Program USPs:
- US-recognized online MBA degree; same degree awarded as offered to on-campus graduates
- 70% scholarship offered to 5,000 students
- 10+ case studies
- 5 specializations – Finance, Business Analytics, Marketing, Adaptive Leadership
Also Read: Canada Job Market Trends
Edgewood College
Avail the advantage of an online MBA program offered by a world-renowned business school in the USA. Offering four industry-relevant specialisations, the program is accredited by the ACBSP and the Higher Learning Commission (HLC). The course is also one of the best affordable options, offering scholarships on the on-campus tuition fee for international students aspiring to study an MBA online.
Program USPs:
- 14-month online MBA offered by a 100-year university.
- Choice of 5 specializations – Research, Accounting, Healthcare Management, Organizational Leadership & Change, Business Analytics.
- Offers the pathway to a dual degree program and a chance to earn a doctorate degree later.
Liverpool Business School
Earn a WES-recognized online MBA from one of the top business schools in the UK. The program offers a blended learning experience with offline networking exposure to students. A total of 6 industry-relevant specializations are available, along with 1:1 mentorship from industry experts.
Program USPs:
- 360-degree career support upon course completion.
- Chance to travel to the UK with the MBA immersion program.
- 6 specializations available, including Accounting and Finance, Business Economics, Sales & Distribution Management, and Business Strategy, among others .
Also Read: Best Part-Time MBA Programs for Senior Executives in Canada
Key Considerations When Choosing an Affordable MBA in Canada
When choosing the most affordable MBA in Canada, you must take into account several factors: academic reputation, expenses, duration of the program, and job opportunities.
Scholarship & Financial Aid
Several universities in Canada provide scholarships based on merit, grants based on financial need, and various forms of financial assistance. These can significantly lower your overall expenses, particularly if you are an international student.
Accreditation
Pick schools that are affiliated with AACSB, AMBA, or EQUIS organizations. Accreditation guarantees that a person’s degree is regarded as valuable around the world by both employers and universities.
Return on Investment
Evaluate how the qualification will enhance your professional prospects. Take into account the average salaries after an MBA, opportunities for advancement, and rates of job placement to guarantee lasting value.
Also Read: Is an Online MBA Worth It for Professionals in Canada?
Exploring Affordable Online MBA Options with upGrad
upGrad, the most popular digital learning platform, offers students the most affordable online MBA in Canada. These MBA courses are provided on the platform in partnership with top international universities, are accepted globally, delivered at a flexible learning schedule as per your convenience, and have an industry-relevant curriculum.
- MBA from O.P. Jindal Global University
- MBA from Paris School of Business
- MBA from Golden Gate University
FAQs on Affordable MBA in Canada
Q: What are the most affordable MBA programs in Canada?
Ans: Some of the most affordable online MBA programs in Canada are offered on the upGrad platform in partnership with top global universities, such as Golden Gate University, Liverpool Business School, and Edgewood College.
Q: Do affordable MBA programs offer specializations?
Ans: Many affordable MBA programs offer a variety of specialities to choose from, including Marketing, Finance, Human Resources, Entrepreneurship, Retail, and Healthcare.
Q: Is financial aid available for MBA students in Canada?
Ans: Yes, students looking for an MBA in Canada can obtain financial support in the form of scholarships and loans. Many Canadian schools offer MBA scholarships to international students.
Q: Can I work while pursuing an MBA in Canada?
Ans: Yes, with online MBA programs, you can continue working while pursuing your MBA degree. The course is offered with a flexible learning option, allowing you to choose your pace of study and a schedule that suits you best.
Q: Do employers recognize online MBA programs?
Ans: Employers often respect online MBA programs, as they are recognized by leading organizations and come from reputable institutions. They give greater attention to what individuals learn in these programs and also to their determination shown in balancing studies and work.
