Hi. My name is Raghu and I am currently pursuing my BBA final year. I want to study masters in abroad. Can you please describe the annual fee and top universities in Canada?

One of the most challenging but rewarding degrees available today is the MBA. High returns are guaranteed by an MBA from an established business institution. 

Similarly, the best business schools in Canada that provide world-class MBA programmes are:

Schulich School (York University)

• Fees: 106,900 CAD
• Requirements: an undergraduate degree from an accredited post-secondary institution with a minimum GPA of B over the previous two full academic years (or it is equivalent).
• GMAT results
• IELTS (total score of 7) or TOEFL (100 iBT)
• Two minimum years of related work experience
• Using a website (2 written essays, a one-timed written report, two videos)
• Resume
• Two LOR's

Rotman School Of Management (University of Toronto)

• Fees: 131,120 CAD
• Requirements: a relevant bachelor's degree or equivalent from an accredited university with a final year average of at least a mid-B.
• 3.0 GPA minimum, GMAT or GRE score
• Two years of experience in a relevant field
• LORs
• Submission of a video and essay
• IELTS iBT 100 interviews or TOEFL iBT seven overall

Sauder School Of Business (University of British Columbia)

• Fees: 90,057 CAD
• Requirements: a three- or four-year Bachelor's degree from an approved institution with a B+ average or equivalent.
• Minimum GMAT score of 550
• 155 on the verbal and quantitative portions of the GRE
• IBT TOEFL score of 100 or overall IELTS of 7
• 3–5 years of professional experience
• Two LOR

Desautels McGill University

• Fees: 31,000 CAD - 32,000 CAD
• Requirements: 2 years of at least paid employment
• Two letters of recommendation
• GMAT/GRE scores, IELTS scores (7 total), or TOEFL iBT 100 interviews, and two official transcripts (By invitation)
• Answering three essay questions

Smith Queen's University

• Fees: 102,100 CAD
• Requirements: Resume
• A request form
• Transcripts
• IELTS band seven overall, GMAT, GRE, or TOEFL iBT 100
• 2 LORs for a cover letter
• Two video queries
• One written response
• Individual interview

University of Alberta

• Fees: 60,000 CAD
• Requirements: a four-year undergraduate degree from an accredited university, with at least 60 credits and a 3.0/4.0-grade point average.
• Two years minimum of work experience
• Obtain a minimum GMAT score of 550 or a GRE score of 50%.
• IELTS with a minimum overall score of 7, or 100 on the TOEFL iBT
• Two LOR's
• Interview in video
• Written and visual inquiries

University of Canada West

• Fees: 36,800 CAD
• Requirements: 6.5 overall IELTS or a TOEFL score
• A minimum of 3.00 in business administration and a GMAT or GRE score of at least 70%
• Three years of experience at least

One of the most popular business degrees nowadays is the MBA. Students are highly sought after in the professional world in addition to the trendy component of an MBA. Businesses thrive when their associates get an MBA. In Canada, there are choices for pursuing a one-year MBA programme.

Hello Raghu, considering your ambition to pursue a master's degree abroad, Canada offers a diverse range of top-tier universities with varying annual fees. When exploring options for a Master's program, it’s crucial to understand the financial commitment involved, along with the academic environment.

The annual tuition fees for international students vary significantly across institutions. On average, you can expect to pay between CAD 20,000 to CAD 40,000 per year. Universities such as the University of Toronto and the University of British Columbia are at the higher end of this spectrum, reflecting their high rankings and research opportunities. In contrast, institutions like the University of Alberta and Simon Fraser University may offer slightly lower tuition rates but still provide excellent educational quality.

To manage these costs, consider looking into various scholarships available for international students, which can substantially reduce your financial burden. Moreover, many Canadian universities also offer teaching and research assistantships, which not only help cover tuition but also provide valuable professional experience.

Aside from tuition, factor in the cost of living, which includes accommodation, food, transportation, and health insurance. Cities like Vancouver and Toronto, home to top universities, are known for their higher cost of living compared to smaller cities.

Lastly, when selecting a university, consider program specifics, faculty expertise, and research facilities. Canada’s education system is renowned for its emphasis on research and development, making it an excellent choice for pursuing a master's degree. Engaging with university alumni through forums or social media can also provide deeper insights into the student experience and outcomes.