Affordable MBA Programs in Canada

Affordable MBA Options in Canada

Pursuing an MBA from Canada is the best option for students who are seeking world-class education without burning a hole in their pocket. Canada equals the united state in terms of education standards, and that too at the 1/4th of the cost. Universities of Canada are actively trying to pull more international students with lower costs.

While the fee for an MBA at the top universities of Canada will average at around $40,000, there are lots of colleges where the fee of the program is not that high and at the same time, their world ranking for their education quality is decent. In addition to that, you can always make up for the cost by working part-time while studying in Canada.

If you are searching for an affordable MBA and other management programs in Canada, here is the list of colleges to consider: 

  1. Memorial University of Newfoundland

Most of the students here are part-time, and university here actually give them the flexibility of completing the degree in 8 years. This flexibility does not mean the college is not attracting good students and generating great professionals.  The university has 4 campuses split across St. John’s, Grenfell, Harlow.

  • Accredited from: AACSB
  • Duration: 18 to 24 Months
  • The tuition fee for international students is $2,859 

Is the 1-Year MBA on the Growth Path in the U.S.?

  1. University of Northern British Columbia

The School of Business at the University of Northern British Columbia offers M.Sc in Business Administration to educate & train professionals with advanced research skill knowledge in below listed specialized area:

  • Operations management/international business
  • Marketing
  • Management/organizational behavior
  • Human resources
  • Finance

Accredited from: ACU, AUCC, AUFSC, CBIE, CUP, CIS, IAU & UArctic

Course Duration: 24 Months

The tuition fee for international students is $3,604 

  1. University of Manitoba

M.Sc in Finance at Manitoba requires the successful completion of the required courses along with the optional course. Thesis and research practice is also required in the program. The method of research is chosen form econometrics courses & at least one of macroeconomics or microeconomics.

  • Accredited from: AACSB
  • Duration: 24 Months
  • Tuition fee for international students is $4,456 

Best MBA Programmes in Canada: Rotman Top By Reputation, HEC Best Value In Canadian Business Ranking

  1. University of Saskatchewan

M.Sc in Finance at the University of Saskatchewan is a thesis-based program. The course provides students with a theoretical background in contemporary finance issues and a strong foundation in empirical methods. The nature of the program is very research-intensive, especially for those students who looking forward to do a Ph,D

Accredited from: AACSB

  • Duration: 24 Months
  • Tuition fee for international students is $4,992 
  1. University of New Brunswick

The MBA/JD at the University of New Brunswick is a joint degree program that is exceedingly useful in today’s constantly changing business world, where laws and regulations are dynamic in nature and affecting the way business is done. This joint degree program is open to students, who may or may not have a business degree; however, those students who have earlier completed the BBA, Advanced standing might be accepted.


Tuition for international students is $12,030

  1. Wilfrid Laurier University

Program at Wilfrid Laurier University is offered in 2 fields:

  • Organizational Behavior & Human Resource Management
  • Supply Chain Management

This program lays the stepping stones for those students who want to eventually pursue a Ph.D. or launch their own academic or a research career.

Accredited from: AUCC, AACSB ACU, CIS, COU, CUSID, CBIE, CUP, Fields Institute, OUA, IAU

Duration: 1 Year

Tuition fee for international students is $11,998 

  1. Saint Mary’s University

MBA from the Saint Mary’s is an evolving, transformative & challenging program that enable students with ideas & tools to be a successful leader in today’s global economy.

To enhance the learning experience of the students the college provides world class faculty, a network of high caliber classmates and a strong connection to the business community.

  • Accredited from: AACSB
  • Duration: 1 year
  • Tuition fee for international students is $28,655
  1. Laval University

This program empowers students to acquire the necessary tools to understand the complexity and dynamics of change affecting organizations. It enables students to understand the different approaches, the main concepts and the various instruments used in strategic management and have deeper insight into business in the light of current trends in the global economy.

  • Accredited from: AACSB
  • Duration: 24 Months
  • Tuition fee for international students is $15,939 
  1. University of Prince Edward Island

An EMBA PROGRAM at University of Prince Edward Island is offered by the School of Business. 2 streams of study are offered under this course:

  • Innovative Management
  • Biotechnology Management & Entrepreneurship

Teaching methodologies used for this program includes theory based teaching, learning through experiments & research base teaching

  • Accredited from: AACSB
  • Duration: 1 Year 8 months
  • Tuition fee of the program is $15,380 
  1. University of Waterloo

The Master of Management Science is a coursework degree program; it can be completed within 1 year on regular full time basis. Every student will be introduced to introductory operations research, information systems and management of technology in addition to modeling, economics, and organizational behavior, as these concepts are the foundations of the art and science of management.

  • Accredited from: AACSB
  • Duration: 12 Months
  • Tuition fee for international students is $18,774 
  1. University of Ottawa

This program is tailor made for those talented leaders who can contribute to academic excellence & can bring change in society by undertaking & spreading academic, applied & policy research. Students in the program may choose to complete a major either in innovation management or entrepreneurship.

  • Accredited from: ACU
  • Duration: 18 – 24 Months
  • Tuition fee for international students is $18,699

Abbreviations used:

AACSBAssociation to Advance Collegiate Schools of Business
EQUISEuropean Quality Improvement System
CIPSCanada’s Association of Information Technology Professionals
 CMA CanadaCertified Management Accountants of Canada


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