Masters in Canada: Top Universities, Cost, Courses, Requirements, Eligibility and Scholarships

Canada has become a top destination for students pursuing a Master’s degree. The country offers world-class universities, affordable tuition, and a strong job market, making it a preferred choice for international students. In 2025, over 60 universities in Canada offer Master’s programs in English, so language is not a barrier for international applicants. 

The average tuition fees for a Master’s in Canada range from CAD 13,000 – 35,000 (INR 8.5 – 22 lakh) per year at public universities. Private universities may charge between CAD 20,000 – 45,000 (INR 13 – 28 lakh) annually. 

Some of the most highly ranked universities for a Master’s in Canada include: 

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

These universities are globally recognized and maintain strong links with top employers across sectors like IT, business, engineering, and healthcare.  

Key Highlights: Masters Degree in Canada 

Which Are the Top Universities Offering Masters in Canada? 

Canada hosts over 500,000 graduate students, with about 35% coming from other countries. The nation ranks among the top 10 globally for research in engineering, computer science, and life sciences. Canadian universities have partnerships with more than 2,000 international companies, giving students access to real projects and internship opportunities while earning their Master’s degrees. 

Top 10 Universities in Canada for Masters: 

Canada’s universities continue to attract students from around the world, with five Canadian universities ranked among the global top 100 in the QS 2026 rankings.

Read more: MS in Finance in Canada.

What Are the Top Masters Programs in Canada? 

Canada offers a wide range of Master’s programs across different fields, helping students gain skills for both academic and professional growth.  

Here are some of the top Master’s programs in Canada with their specializations and average tuition fees: 

Note: Tuition fees may vary depending on the university, program, city, and currency exchange rates. 

What is the Admission Process for Masters in Canada? 

Applying for a Master’s Degree in Canada involves several steps.  

Following these steps carefully can help you submit a strong application and secure admission to your chosen program: 

Step 1: Research Universities and Programs 
Look for top Canadian universities and select a Master’s program that fits your career goals and interests. 

Step 2: Check Academic Requirements 
Make sure you meet the eligibility criteria, including a recognized bachelor’s degree and minimum GPA (usually around 3.0 on a 4.0 scale). Some programs may also consider work or research experience. 

Step 3: Take Required Tests 
Many universities require English proficiency scores such as IELTS (≥6.5) or TOEFL (≥90). Certain programs, like business or tech, may also ask for GRE or GMAT scores. 

Step 4: Prepare Documents 
Gather all required documents, including transcripts, CV/resume, SOP, and letters of recommendation.  

Step 5: Apply Online 
Submit your application through the university’s online portal. Double-check that all details are complete and accurate before submission. 

Step 6: Pay Application Fees 
Application fees range between CAD 50–150 (INR 3,500–10,500) depending on the university. 

Step 7: Attend Interviews (if required) 
Some universities may conduct interviews, online or in-person to evaluate your motivation, experience, and fit for the program. 

Step 8: Receive Admission Decision 
Wait for your acceptance letter. Once admitted, confirm your seat by paying the enrollment deposit. 

What Are the Academic Requirements for Masters in Canada? 

To apply for a Masters Degree in Canada, students need: 

• A bachelor’s degree from a recognized university 

• Minimum GPA around 3.0 (varies by program) 

• Work or research experience (for certain programs) 

• English proficiency: IELTS , PTE or TOEFL  

• GRE/GMAT scores, if required by the program 

What Documents Are Required for Masters in Canada? 

The documents required include: 

• Bachelor’s degree transcripts and certificates 

• CV/Resume showing education and work experience 

• Statement of Purpose (SOP) 

• Letters of Recommendation (usually 2–3) 

• GRE/GMAT scores, if needed 

• English test scores (IELTS or TOEFL) 

• Passport copy 

• Proof of funds to cover tuition and living costs 

• Completed application form 

 Visa Requirements for Masters in Canada 

After receiving your acceptance letter, international students must apply for a Canadian study permit. 

Visa Process: 

• Schedule an appointment with the Canadian Embassy/Consulate 

• Submit documents and attend the interview 

• Wait for visa approval before traveling to Canada 

Know everything about the Canadian Student Visa here! 

What is the Cost of Studying Masters in Canada? 

The cost of pursuing a Master’s in Canada depends on the university, program, and city. Approximately, international students can expect tuition fees ranging from CAD 13,000–45,000 (INR 8.5–28 Lakh) per year.  

Here’s an overview of the average tuition fees for different Master’s programs in Canada: 

Note: Tuition fees may vary depending on the university, program, city, and currency exchange rates. 

What is the Cost of Living in Canada? 

Living in Canada can be more expensive than in India, but careful budgeting helps. A single student spends around CAD 1,200–1,800 (INR 78,000–1,17,000) per month, excluding rent, while a family of four may spend about CAD 4,000–5,500 (INR 2.6–3.6 Lakh) monthly, excluding rent. 

Here are the approximate monthly expenses for a single student in Canada: 

Source: Numbeo 

Note: Costs may vary depending on the city. Cities like Toronto, Vancouver, and Montreal are more expensive, while smaller cities like Ottawa, Calgary, or Halifax are more affordable. 

What Are the Top Scholarships for Masters in Canada? 

Canada offers over 1,000 scholarships for international Masters students each year. Top awards like the Vanier Canada Graduate Scholarship provide $50,000 per year (INR 41 lakh) for three years. Many universities also provide merit-based scholarships ranging from $3,000–$15,000 (INR 2.5–12 lakh) to help cover tuition and living expenses.  

Here are some of the top scholarships available for Masters students in Canada: 

Note: Eligibility and funding amounts may vary by university and program. Always check official scholarship pages for the most updated details. 

What Are the Top Jobs after Masters in Canada? 

Completing a Master’s in Canada equips graduates for well-paid roles across sectors like IT, finance, healthcare, engineering, and data analytics. 90% of postgraduate students find employment within 6–12 months of graduation.  

Here are some of the top roles pursued by Master’s graduates in Canada: 

Source: Glassdoor 

Salaries vary by industry, city, and experience. 

Top Recruiters: Masters in Canada 

Canada hosts thousands of multinational companies that actively hire Master’s graduates across industries like tech, finance, consulting, and healthcare. 

Canada’s strong economy, supportive startup ecosystem, and research-focused programs also encourage graduates to pursue entrepreneurship or innovation-led careers.