Masters in Business Analytics in Canada: Top Universities, Courses, Cost, Requirements, Eligibility & Scholarships

Canada is presently one of the most popular choices for overseas students to study Master's in Business Analytics. It features top universities for masters, top-notch research centers, ethnically diverse study environments, fully funded scholarships and reasonable career opportunities. Canada thus provides a good blend of theoretical studies and work practice. 

Specializations in data analytics, artificial intelligence, machine learning, big data, and business intelligence are provided for students. The majority of the programs blend class room instruction with project work, internships, and case studies with opportunities to learn from real business analytics implementations in Canadian business industries. 

The fee for pursuing a Masters in Business Analytics in Canada would be around CAD 20,000 - 60,000 (₹12.7 - 38.2 Lakhs) per year based on the university and course. The living cost is around CAD 12,000 - 15,000 (₹7.6 - 9.5 Lakhs) per year. 

The students are eligible for Canada's Post-Graduation Work Permit (PGWP) for a maximum of 3 years, which allows them to acquire work experience as well as be eligible for permanent residence. 

Key Highlights: Masters in Business Analytics in Canada 

Top Universities Offering Masters in Business Analytics in Canada 

Canada's public business research universities are invariably ranked among the world's top business analytics, data science, and allied management schools, as per QS World University Rankings 2026. Industry-focused programs are the most prevalent, provide experiential analytics projects, and involve internships or capstone projects involving live data sets. 

The career guidance for international students is robust, variety of learning experiences is high, and there is the Post-Graduation Work Permit (PGWP), so they can experience the workplace in Canada. 

Top 10 Universities for Masters in Business Analytics in Canada 

Following are the top Canadian universities providing Business Analytics masters degrees, their QS 2026 world ranking, most popular programs, and their tuition fees: 

Note: Tuition fees are approximate and may vary depending on the program and exchange rates. 

Top Business Analytics Programs in Canada 

Students undertaking their Master's in Business Analytics in Canada have several in-demand specializations to undertake depending on their career objectives. The programs are industry- and research-focused and can be course-based or thesis-based. 

The most in-demand specializations are: 

• Data Analytics: Predictive analytics, business intelligence, and data-driven decision making. 
• Big Data & Cloud Computing: Managing immense amounts of data on new analytics platforms. 
• Artificial Intelligence & Machine Learning: Creating AI models for commercial use. 
• Financial Analytics: Investment analysis, risk analysis, and financial operations analysis. 
• Marketing Analytics: Customer analysis, CRM analysis, and predictive market modeling. 
• Operations & Supply Chain Analytics: Process and logistics optimization with data. 
• Healthcare Analytics: Data analytics-driven solutions for hospital management and patient outcomes. 
• Business Intelligence & Strategy: Blending data analytics with business strategy development. 
• Human Resource Analytics: Workforce analysis, employee performance, and retention. 
• Econometrics & Quantitative Analytics: Advanced statistical modeling and forecasting.   

This equips graduates to excel in working efficiently in consulting agencies, multinational corporations, finance, healthcare, technology, and new analytics-based sectors in Canada and internationally. 

Course Curriculum of Masters in Business Analytics in Canada 

Canadian MBAN/MSc Business Analytics programs are typically 12-24 months based on whether they are professional (course-based) or academic (thesis/research-based). The programs blend data science, business strategy, and applied analytics to ready graduates for careers in consulting, finance, technology, and management. 

The following is an overview of the Canadian Business Analytics course curriculum: 

Admission Process for Masters in Business Analytics in Canada 

The process of application is mainly online and is one of planning, particularly since MBAN seats are few and competitive. 

Step 1: Research & Shortlist Universities 

• Check out the program options on university websites for application deadlines, application fees, and tracks of specialization. 
• Choose if you want a technical/data-intensive program (MSc) or a management-oriented program (MBAN/MBA analytics specialization). 

Step 2: Prepare Required Documents 

• Academic transcripts (sealed official transcripts). 
• English language test scores (IELTS/TOEFL). 
• GMAT/GRE scores (required for some universities, optional in others). 
• Statement of Purpose (SOP). 
• Letters of Recommendation (LORs). 
• Updated Resume/CV. 

Step 3: Submit Application 

• Fill the online application form. 
• Upload documents before the deadline. 
• Pay the application fee (CAD 100-150). 

Step 4: Attend Interviews (if applicable) 

• Some universities (like UBC, McGill) may conduct an online interview to evaluate your analytical thinking and career motivation. 

Step 5: Receive Offer Letter 

• If selected, you’ll get a Letter of Acceptance (LOA). 

Step 6: Apply for Canadian Study Permit 

• Apply via the Government of Canada portal. 
• Provide proof of funds, biometrics, and medical examination if needed.  

Tip: Plan at least 8-10 months in advance since MBAN/Business Analytics programs are some of Canada's most competitive programs. 

Academic Requirements for Business Analytics in Canada 

To be admitted into MBAN/MSc Business Analytics in Canada as an international student, you typically require: 

• Bachelor's degree in Business, Engineering, Computer Science, Statistics, Math, or Economics. 
• GPA: 3.0/4.0 (B average) minimum, or equivalent. 
• English Proficiency: IELTS 6.5-7.0 overall, TOEFL 90-100. 
• GMAT/GRE: Some universities require it (particularly for competitive MBAN programs). 
• Other Requirements: Statement of Purpose (SOP), CV/Resume, and 2-3 Letters of Recommendation. 
• Optional but Helpful: Previous internship, professional data analytics work, or research experience. 

Documents Required for Psychology in Canada 

Prepare the following documents before applying: 

• Bachelor's degree transcripts and degree certificate. 
• Updated CV/Resume with internships, work experience, or projects. 
• Statement of Purpose (SOP) outlining career objectives and interest in analytics. 
• Letters of Recommendation (2-3) from teachers/employers. 
• GMAT/GRE scorecard (if applied). 
• IELTS/TOEFL scorecard. 
• Proof of funds for tuition fees and living expenses. 
• Copy of valid passport. 
• Filled university application form. 

Visa Requirements for Masters in Business Analytics in Canada 

Upon acceptance, you must apply for a Canadian Study Permit. 

Documents Needed 

• Valid passport. 
• Letter of Acceptance (LOA) from Canadian university. 
• Proof of funds (bank statements, scholarship documents, sponsor letters). 
• English language test score (IELTS/TOEFL). 
• Passport photos. 
• Completed study permit application form. 
• Medical exam (if required). 

Visa Process 

• Submit online at the Government of Canada website. 
• Pay study permit fee (CAD 150 approx.). 
• Provide biometrics at a Visa Application Centre. 
• Attend interview if invited. 
• Wait for visa to be processed (processing time: 4-8 weeks, depending on your country). 

By doing so, students can enjoy a smooth admission and visa process, and so they can focus solely on their business analytics studies in Canada. 

Cost of Studying Masters in Business Analytics (MBAN) in Canada 

Masters in Business Analytics (MBAN) in Canada is a competitive course as there is an increased need for data-based decision-making. The cost is different if it is an MSc, MBA with analytics specialisation, or a professional MBAN course. On average, the course cost would be CAD 20,000 - 60,000 per year (₹12.7L - 38.2L approx.), depending on the university and duration of the course. 

These are the estimated tuition fees for some of Canada's top universities that offer Business Analytics: 

Note: Tuition fees are approximate and may vary depending on the program and exchange rates. 

Cost of Living in Canada 

In addition to tuition fees, students must set aside money for day-to-day expenses like accommodation, transportation, food, utilities, and entertainment. The general living expenses in Canada range from CAD 1,000 - 1,500 (₹63,600 - 95,400) based on lifestyle and location (Toronto and Vancouver being pricier than other small cities). 

Tip: Several Canadian universities permit part-time employment (20 hrs/week) in addition to studying, which helps subsidize living expenses. 

Note: Tuition is an estimate and could vary with program, exchange rates, and course type (course-based or thesis-based). 

Scholarships and Financial Aid for Masters in Management in UK 

Although Business Analytics programs are costly, international students can be awarded scholarships, fellowships, and assistantships by Canadian universities, the government of Canada, and other outside agencies. There are also graduate research assistantships (GRAs) or teaching assistantships (TAs) with stipends provided by some programs. 

The following are some of the most prominent scholarships for Master's in Business Analytics in Canada: 

Many scholarships in Canada cover not just tuition but also living expenses, making Psychology programs more affordable for international students. 

Top Jobs after Masters in Management in UK? 

Business Analytics post-graduates are highly sought after by consulting companies, financial institutions, retailers, healthcare organizations, and tech companies. Salary at the time of graduation is between CAD 65,000 - 100,000 (₹41.3L - 63.6L) per annum. 

Top recruiting and hiring employers of Canadian business analytics students are given below: 

Source: Glassdoor  

Top Recruiters for Masters in Management in UK? 

Top consulting companies, banks, e-commerce entities, and tech giants recruit graduates. Career fairs, networking sessions, and internships, arranged by the university, provide opportunities for employers to meet students. 

Few of the major recruiters and employers of Canadian Business Analytics graduates are mentioned below: 

Note: A large number of master's university graduates in UK end up in startups or entrepreneurship because of London's dynamic innovation ecosystem, incubators, and accelerators.