Top 10 MBA Colleges for Nigerian Students to Study in Canada

Master of Business Administration (MBA) has become the most demanding course that students and professionals desire to attain in their careers.

Studying MBA in Canada goes smoothly when studying in the top business schools. Master of Business Administration (MBA) is a graduate degree that gives theoretical and practical training for business or investment management.

MBA is particularly structured to help graduates acquire a much better and advanced standard understanding of general business management functions.

Nigerians greatly desire to do their MBA program in Canada because of the perfect standard and sound educational system the school gives; this, however leaves one outstanding in the global labor market.

Nevertheless, this article will highlight the top ten (10) Master of Business Administration (MBA) colleges for Nigerians to study in Canada.

Brief Explanation of Master of Business Administration (MBA)

Master of Business Administration (MBA) simply put, is a graduate degree that enriches individuals with theoretical and practical training for business or investment management.

An MBA is a scheme to help graduates acquire a much better-advanced understanding of general business management functions. An MBA degree program can have a broad focus or a particular focus, such as; relationship management, accounting, marketing, and finance.

Key Notes

In a much broader sense, Master of Business Administration (MBA) gives degree holders two uses: accelerated advancement in the career they are already pursuing or a strong pivot in a new direction with a newfound skillset.

Master of Business Administration (MBA) In Canada

Master of Business Administration (MBA) in Canada remains among the most outstanding strides one can take as a student to enrich one’s career.

It leaves degree holders with the opportunity to compete in the world’s global labor market. There are a plethora of reasons students from Nigeria should make a go for a Master of Business Administration (MBA) in Canada; the reasons are as follows:

1. Gives one a very good employability chance in the labor market.
2. World standard educational system and seasoned professionals.
3. Cheap MBA program compared to what is obtained in other countries.
4. Platform to meet and connect with people of different backgrounds, cultures, religions, and creeds.
5. The degree program is an internationally acknowledged degree.

Choice of Calledge for Master of Business Administration (MBA)

It is important that in choosing a college for an MBA one should consider the following:

• Tuition Fee
• College Ranking
• Location of the College
• Backup for Foreign Students

1. Tuition Fee: Before choosing a college for your Master of Business Administration (MBA) program, it is important one go for the one that ones budget covers, lest it might end up being a futile journey. There are cheap colleges in Canada that offers world standard academics, one can go for them and achieve something good.
2. College Ranking: One should inquire into the rating of the college he or she is about going for. Nevertheless, Canadian colleges are known for academic excellence, however, that will no longer be a problem with their academic standards. Yet, inquire into reviews and inquire from alumni and students about the college’s standard of education.
3. Location Of The College: Again, be sure the location of the college is somewhere around your place of residence. Proximity of the college to  your place of residence can save you so many cost and stress.
4. Backup for Foreign Student: As a foreign student, particularly, Nigerian it will be if not impossible, difficult to excel in a college that does not have a good structure for international students. Hence, inquiring deeply into the support provided for international students. This provision may include; administrative and advisory services, accommodation, and many more.

College for Master of Business Administration (MBA) for Nigerian Students

The top 10 MBA colleges in Canada in 2023 are as follows;

1. Rotman School of Management
2. Ivey Business School
3. Desautels Faculty of Management, McGill University
4. Smith School of Business at Queen’s University
5. UBC Sauder School of Business
6. Schulich School of Business
7. Alberta School of Business
8. John Molson School of Business
9. HEC Montreal
10. University Canada West

1. Rotman School of Management, University of Toronto

Rotman School of Management, University of Toronto, was established in the year 1902. It is one of the oldest business schools in Canada that offers quality education.

This academic institution provides bachelor’s and postgraduate programs to international students, including Nigerians.

However, its world standard, state-of-the-art facilities, and experienced professional lecturers make Rotman fast becoming one of the best Master of Business Administration (MBA) colleges in Canada.

This school is greatly admired for its impeccable curriculum, global exposure, and student internship opportunities.

Rottman MBA curriculum encompasses core courses (spaced out during the first year) and elective courses.

However, students can customize their Master of Business Administration (MBA) programs in the second year by selecting 15 majors and 90 elective courses.

The tuition fee is around CAD (Nigerian students): $131,120. Graduate Management Admission Test Score required for admission is 670.

Also, Type of MBA Program offered is Full-time, Part-time, Executive, and Dual Degree.

Requirements for Admission:

The Admission Requirements for the Rotman School of Management, University of Toronto is as follows:

Nigerian students who want to study at Rotman School of Management, the University of Toronto, for their MBA programs must attain the following:

• Be sure he/she has completed their undergraduate program at a renowned university with a minimum 3.0 CGPA
• Prospective students must take GMAT or GRE and score a minimum of 670.
• Prospective students must have at least two years of working experience in the business field.
• Sit for the English language proficiency exams like IELTS and TOEFL.
• Students are required to score at least 7.0 for IELTS or 100 iBT for TOEFL.
• Submit all necessary essays and videos as required.

2. Schulich School of Business, York University

Schulich School of Business, York University was established in 1966 and is located in Toronto, Schulich School of Business is among the best MBA colleges in Canada.

This university gives primacy to building global business leaders and works hard to bring that to fruition.

The college offers a variety of MBA courses for international students. The MBA program at Schulich School of Business, York University is flexible; one can study online, part-time, and customize one’s degree.

Schulich School of Business, York University operates a dual campus system. Students stay in Hyderabad for their first year and Toronto for the second. The business school admits students yearly in January and September.

Schulich School of Business, York University tuition fees is about CAD (Nigerian students): $106,900. The Graduate Management Admission Test Score required for admission is 660. Also, the Type of MBA Program run by the school is Full-time, Part-time, Executive, and Dual Degree

Requirements for Admission:

The requirements for Schulich School of Business, York University admission is as follows; particularly for Nigerian students that want to study at Schulich School of Business, York University, for their MBA programs must attain:

• Must attain an undergraduate program at a renowned university.
• Sit for either GMAT or GRE and score a minimum of 660 in the former.
• Must have at least two years of working experience in the business field.
• Lastly, take the English language proficiency exams like IELTS and TOEFL. Students are required to score at least 7.0 for IELTS or 100 iBT for TOEFL.

3. Ivey Business School

Ivey Business School students allow for students to enroll for full-time MBA, accelerated MBA, or executive MBA. Almost 92% of MBA students seeking job employment received at least a job offer after 3 months of graduation.

Ivey Business School is a public school, ranked 69 in QS Global MBA ranking 2023.

Requirements for Admission are as follows:

• A copy of transcripts from all post-secondary institutions
• GMAT or GRE score of 600
• Resume demonstrating a minimum of two years, of full-time working experience.
• TOEFL or IELTS score
• Two professional references.
• Online application including completion of two required written essay questions and two required video questions.
• Application fee of $150 CAD
• Tuition fees is about $123,500

4. Desautels Faculty of Management, McGill University

McGill University has always stood as the top-ranked for their MBA programs. However, one applying to the Desautels Faculty of Management should inquire about the MBA programs offered by the school.

McGill University has curricular options such as full-time MBA, executive MBA, and MBA law.

McGill University is a public school, ranking 73 in the QS Global MBA ranking 2023.

Requirements for Admission include:

• 2 years minimum of relevant full-time post-graduate work experience
• Transcripts
• GMAT or GRE
• TOEFL or IELTS
• Essay
• Letter of reference
• Fees is about $99,500

Awards for students are as follows:

• Adam Dinkes MBA Leadership Award – $10,000
• Duerksen MBA Leadership Award – $10,000
• Daniel Galvao MBA Leadership Award – $10,000
• Dominic K.M. Lai MBA Fellowship
• Rio Tinto – Richard Evans Graduate Fellowships – Up to $20,000

5. Smith School of Business at Queen’s University

Smith School of Business helps students who want to take an MBA to improve their technical skills and management skills.

One will always have the choice to customize one’s MBA program.

About $135,856 is the average compensation of Smith MBA graduates.

This university is a public university, and its ranked 59 QS Global MBA ranking 2023.

Requirements for Admission are as follows:

• Application form
• Resume
• Transcripts
• GMAT or GRE
• IELTS (7 overall) or TOEFL iBT 100
• Cover letter
• 2 professional references
• 2 Video questions
• 1 written response
• Personal interview
• Tuition fees is about $105,100

6. UBC Sauder School of Business

 UBC Sauder School of Business MBA program encompasses four specializations.

This specialization includes technology and analytics leadership, finance, product and service management, innovation, and entrepreneurship.

One can also choose the customized MBA program. This university is a public university and it is ranked 92 QS Global MBA ranking 2023.

Requirements for Admission are as follows:

• Three or four-year Bachelor’s degree with a B+ average or recognized equivalent from an accredited institution.
• Transcripts
• 550 GMAT with at least 50 in the quantitative and verbal sections
• 155 GRE score on both the verbal and quantitative sections
• IELTS – 7 overall or TOEFL iBT – 100 or PTE – 70
• Minimum two years of full-time work experience
• Two references
• Tuition fees is about $94,559

Scholarship Awards are as follows:

• Early entrance scholarships – $1,500
• Regional top talent scholarships
• Hoegg family MBA scholarship – $25,000
• Hari Varshney MBA entrance scholarships – Up to 50% of tuition fees
• Madhu Varshney MBA entrance scholarships – Up to 50% of tuition fees
• International Talent Scholarships – $10,000 – $60,000
• Dean’s Excellence in Diversity awards – $10,000 – $60,000

7. Alberta School of Business

John Molson’s MBA program presents international students with hands-on experience by offering case competitions, case studies, internships, networking opportunities, and many more.

This university is a public university. Again, it is ranked 121-130 in the QS Global MBA ranking 2023.

Requirements for Admission are as follows:

• A minimum of two years of full-time work experience is required
• Undergraduate degree in any discipline with a minimum cumulative GPA of 3.0
• A GMAT score of 580 or above
• TOEFL iBT: 95 overall with no band below 20
• Academic IELTS: 7.0 overall with no band below 6.5
• Statement of purpose
• Three letters of reference
• A video interview
• Application fee ($100 CAD)
• Tuition fees is about $47,900

Available Scholarship programs are as follows:

• Hardeep Grewal MBA Scholarship Endowment (Award details TBA)
• Richard Joly MBA Scholarship for Indigenous Students (NEW)
• Bank of Montreal – Pauline Vanier MBA Fellowship
• Bessie Schulich MBA Fellowship for Entrepreneurship
• Michael Murray MBA Entrance Award
• Robert J. Briscoe MBA Award
• Scotiabank MBA in-course Fellowship

8. HEC Montreal

HEC Montreal MBA graduates have a record of an average of 98% employment rate. The average total salary of the graduates of HEC Montreal is about $99,121.

This university is a public university, it is ranked 151-200 in the QS Global MBA ranking 2023.

Admission scholarships are awarded to applicants demonstrating exceptional aptitudes and outstanding academic performance.

The requirements for Admission are as follows:

• Have an undergraduate degree.
• Have at least 3 years of full-time professional experience at the start of the program (not including internships).
• Pass one of the admission tests:
• GMAT (minimum: 570)
• GRE (score equivalent to that of the GMAT)
• IELTS (7, 7.5 or 8) or TOEFL iBT (95-114)
• Tuition fee is about $59000

 9. University Canada West

UCW collaborated with leading business and tech companies such as Salesforce, Amazon, Shopify, Facebook, and many more to incorporate their latest technology and expertise into the MBA program. This university is a private university and has not been captured in QS Global MBA ranking 2023.

Requirements for Admission are as follows:

• IELTS score of at least 6.5 (minimum 6.0 in the writing band) or equivalent (TOEFL, PTE, Duolingo, etc.)
• GPA of 3.00
• GMAT or GRE score
• A minimum of three (3) years of professional or management experience
• Online application
• Transcripts
• Resume
• Tuition fee is about $38,700

10. John Molson School of Business

John Molson’s MBA program allows international students lay gain hands-on experience by offering case competitions, case studies, internships, networking opportunities, and many more.

This university is a public university. It is ranked 121-130 in the QS Global MBA ranking 2023.

Requirements for Admission are as follows:

• A minimum of two years of full-time work experience is required
• Undergraduate degree in any discipline with a minimum cumulative GPA of 3.0
• GMAT score of 580 or above
• TOEFL iBT: 95 overall with no band below 20
• Academic IELTS: 7.0 overall with no band below 6.5
• Statement of purpose
• Three letters of reference
• A video interview
• Application fee ($100 CAD)
• Tuition fee is as about $47,900

Available awards are as follows:

• Hardeep Grewal MBA Scholarship Endowment (Award details TBA)
• Richard Joly MBA Scholarship for Indigenous Students (NEW)
• Bank of Montreal – Pauline Vanier MBA Fellowship
• Bessie Schulich MBA Fellowship for Entrepreneurship
• Michael Murray MBA Entrance Award
• Robert J. Briscoe MBA Award
• Scotiabank MBA in-course Fellowship

Conclusion on MBA Colleges in Canada

Going For an MBA program gives individuals a plethora of world-class job opportunities.

However, it is advised that prospective individuals take advantage of this beautiful opportunity to enrich their career prowess.