If you want to work in the management field and are looking for ways to advance your career, a Master in Management(MIM) is a promising degree to help you achieve your goals. MIM is starting to become quite a popular choice among international students looking for outstanding work chances, similar to MBA.
A Masters in Management degree in Canada is a program developed for students who desire to build a name for themselves in leadership positions. It equipped the next generation to be flexible thinkers, well-rounded innovators. It determined to make a big difference in the business management sector of society.
|
Program |
Masters program |
|
Course |
Masters in Management |
|
Duration of the Course |
9 months - 2 years |
|
Eligibility |
A bachelor's degree from a recognized university is required. Some colleges have a minimum GPA requirement, so applicants should double-check.The candidate must achieve the required score on an English language proficiency test such as IELTS, TOEFL, or PTE. A legitimate GRE or GMAT score is required by universities. Also, 2 Recommendation Letters (LOR) may be needed. Some institutions may require a minimum of 2-3 years of work experience. |
|
Entrance Exams |
|
|
Tuition Fees |
20.8 lakh (6,300 CAD) |
|
Jobs |
Risk Manager, project Manager, management consultant, etc. |
|
Average Salary |
150,000 CAD |
Unlike the MBA in Canada, applicants do not require any prior work experience to participate in this master's program in Canada. Master in Management in Canada has lower tuition rates for international students and a wider choice of post-graduate professional options. Also, over the last decade, there has been a 49 percent growth in the number of master in Management graduates worldwide.
Canada is an excellent choice for Indian students or any other international student interested in pursuing a master's degree in management while studying abroad. In recent years, Masters in Management Courses have grown in popularity. According to research, the number of MIM graduates has increased by 48% in the last ten years.
|
University Name |
QS World Ranking 2024 |
Program |
Duration |
|
University of Toronto |
21 |
Master of Management |
10-12 months |
|
McGill University |
30 |
Master of Management in Finance |
12 months |
|
University of British Columbia (UBC) |
34 |
Master of Management |
9 months |
|
York University - Schulich School |
98 |
Master of Management |
12 months |
|
University of Alberta |
111 |
Master of Business Management |
10-12 months |
|
HEC Montréal |
151 |
Master of Science in Management |
16-24 months |
|
Queen's University |
209 |
Master of International Business |
12 months |
|
University of Calgary |
182 |
Master of Management |
10-16 months |
|
Simon Fraser University |
318 |
Master of Science in Management |
12 months |
|
Concordia University |
387 |
Master of Management |
12-16 months |
The average annual tuition expense for a Masters in Management at a Canadian university is roughly 55,000 CAD. This is estimated to be 32 lakhs per year for Indian students. These costs can be reduced by applying for one of Canada's several master's degree scholarships.
|
University Name |
Program |
Duration |
Tuition Fees in INR |
|
University of Toronto |
Master of Management |
2 years |
Approx. 40,00,000 - 45,00,000 |
|
McGill University |
Master of Management in Finance |
1 year |
Approx. 30,00,000 - 35,00,000 |
|
University of British Columbia (UBC) |
Master of Management |
9 months |
Approx. 35,00,000 - 40,00,000 |
|
York University - Schulich School |
Master of Management |
1 year |
Approx. 25,00,000 - 30,00,000 |
|
University of Alberta |
Master of Business Management |
10-16 months |
Approx. 20,00,000 - 25,00,000 |
|
HEC Montréal |
Master of Science in Management |
16-24 months |
Approx. 15,00,000 - 20,00,000 |
|
Simon Fraser University |
Master of Science in Management |
12 months |
Approx. 18,00,000 - 23,00,000 |
|
Queen's University |
Master of International Business |
1 year |
Approx. 30,00,000 - 35,00,000 |
|
University of Calgary |
Master of Management |
10-16 months |
Approx. 18,00,000 - 23,00,000 |
|
Concordia University |
Master of Management |
16 months |
Approx. 17,00,000 - 22,00,000 |
Aside from tuition, international students must also consider housing, transportation, meal plans, and other additional expenses.
The average cost of living in Canada for International students is given below:
|
Kind of Expenses |
Amount in CAD |
|
Accommodation (Monthly Rent) |
800 - 1,500 |
|
Groceries (Monthly) |
200 - 400 |
|
Utilities (Monthly) |
150 - 200 |
|
Transportation (Monthly) |
80 - 150 |
|
Health Insurance (Monthly) |
60 - 100 |
|
Entertainment (Monthly) |
100 - 200 |
|
Eating Out (Monthly) |
150 - 300 |
|
Mobile Phone Plan (Monthly) |
40 - 60 |
|
Internet (Monthly) |
50 - 100 |
|
Miscellaneous (Monthly) |
100 - 200
|
|
Name of the Scholarship |
Details |
Eligibility |
Amount in CAD |
|
Vanier Canada Graduate Scholarships |
Offered by the Canadian government for doctoral studies, but often applicable to Master's programs in management. |
Must be nominated by a Canadian institution, demonstrate leadership skills and a high standard of scholarly achievement. |
Up to 50,000 per year |
|
Ontario Graduate Scholarship |
Aimed at encouraging excellence in graduate studies at the master’s and doctoral levels. |
Must be attending a participating Ontario school, have a valid study permit, and maintain a satisfactory academic record. |
5,000 per session |
|
University of British Columbia Scholarships |
UBC offers a range of scholarships for international graduate students. |
Criteria vary depending on the specific scholarship; generally based on academic excellence and research potential. |
Varies |
|
Rotman School of Management Scholarships |
Specific to the University of Toronto’s Rotman School of Management. |
Based on academic excellence, extracurricular achievements, and leadership. |
Varies |
|
Sauder School of Business Entrance Scholarship |
For students entering the UBC Sauder School of Business. |
Based on academic performance, leadership skills, and involvement in community service. |
Up to 40,000 |
|
McGill University Scholarships and Awards |
McGill offers various scholarships for international students. |
Criteria vary; generally include academic excellence and research potential. |
Varies |
|
Alberta MBA Scholarships |
Offered by the University of Alberta for MBA students. |
Based on academic achievement, leadership qualities, and community involvement. |
Varies |
|
HEC Montréal Scholarships |
Available for international students at HEC Montréal. |
Based on academic excellence and potential contribution to the program. |
Up to 20,000 |
|
Schulich School of Business Scholarships |
For students at York University’s Schulich School of Business. |
Criteria include academic excellence, leadership experience, and community involvement. |
Varies |
|
Simon Fraser University Graduate Fellowships |
For new and continuing graduate students at SFU. |
Based on academic excellence and research potential. |
Up to 10,000 per year |
Also Read: Scholarshios in Canada
For many international students, Canada is a place of opportunity. Multiple sectors of the industry might be chosen for a career after Masters in Management in Canada due to the large range of specialties offered.
Some of the career opportunities after graduating is:
|
Job Profile |
Salary in CAD |
|
Business Development Manager |
70,000 - 100,000 |
|
Marketing Manager |
60,000 - 90,000 |
|
Human Resources Manager |
65,000 - 95,000 |
|
Operations Manager |
70,000 - 110,000 |
|
Financial Analyst |
55,000 - 85,000 |
|
Management Consultant |
75,000 - 120,000 |
|
Project Manager |
73,000 - 110,000 |
|
Product Manager |
75,000 - 105,000 |
|
Supply Chain Manager |
70,000 - 100,000 |
|
Data Analyst |
60,000 - 85,000 |
Well, that was an extensive coverage but we have got more information for you at AECC. AECC is the right place for you to expedite your education endeavors with assistance in all aspects from finding accredited courses, ideal destination and leading institution. The expert counsellors provide guidance and will bring your dreams to life.
The master's in Management in Canada is 12 months or one year where students can learn about business and the tools they need for managing and problem-solving in an organisation or business environment.
To study master's in Management in Canada, it costs around CA $36,822.
Those who wish to study MIM, must have completed their bachelor's degree of minimum 3 years from a recognised university. Students from any stream can apply for the Management course.
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