15 Best Business Schools in Canada, 

Are you a high school student and wish to study in the best business schools in Canada? Or are you already in college and looking for the best MBA universities/schools in Canada to improve your chances of getting a good and interesting job? You’re not far from it.

This article is for anyone interested in attending a business school. This includes current and future students as well as leaders and educators of learning organizations in the best MBA schools in Canada and beyond.

Above all, its goal is to help you to understand better what is written about business schools and business training. You can laugh at the simplicity of the observations, you may find them surprising, but I hope you find them useful in the end.

Also, we will soon be compiling a list of top business schools in the World. And with this purpose in mind, we will compile the best undergraduate business schools in Canada.

Why Study MBA in Canada?

One of the best nations for overall ease of studying abroad in Canada. Based on feedback from MBA candidates who have interacted with us, it features on our list of the best international study destinations.

It provides world-class educational opportunities at an inexpensive cost, exposure to different cultures, high living standards, and, most importantly, an easy way to go from being a student to having a legal job.

About Business Schools

A business school is a university-level institution that awards degrees in business administration or management. According to Kaplan, business schools are “educational institutions specialized in courses and programs related to business and/or administration.”

Truly, Business schools enjoy extensive coverage in print and digital media, including popular business magazines and magazines, countless ratings, blogs and books.

Although the coverage is largely positive, business schools are also subject to much criticism. But I find value in most writings about business schools, whether positive or negative.

I find pieces of truth and valuable information about unmet needs and pain points in all articles. In truth, I am grateful to those who take the time to think about business studies and make comments to the public.

But there is a problematic side to all the coverage of business schools. Much of this tends to perpetuate common misconceptions and can be misleading for policymakers, especially for those who have yet to become familiar with the sector (e.g., potential students). However, positive or negative information, poorly designed or presented in business schools, can be harmful.

Here are three simple observations. Based on my experience of working closely with hundreds of business schools around the World for almost two decades.

For this purpose, we are offering an alternative perspective on the most common representations of business schools.

As a student in a business school, you will equally learn to equate academic theories with real-world problems. Business schools encourage students to become smart, professional decision-makers who can easily handle uncertainty, risk, and change.

What to Expect in Business School

The b-school program is difficult, and the students must work hard to follow. But the bottom line is that every business student’s goal is usually to get a stimulating and well-paid job after graduation.

So, for most people, getting perfect grades is not as important as connecting with peers, teachers, and executives, which will be useful later on.

See Also: 10 Best Undergraduate Business Schools in the World | 2023

What Are the Requirements To Get into a Business School?

The Master of Business Administration (MBA) is one of the most interesting courses that offer a range of career opportunities to students across the globe.

The MBA degree helps build a deep understanding of various aspects of management, its real-life applications, and experiential knowledge that throbs students to discover practical business solutions.

So, to get admission into an MBA program in Canada, you need to fulfill the conditions that include:

  • Bachelor’s degree from a recognized university or education institution
  •  Graduate Management Admissions Test (GMAT) score
  •  Previous relevant work experience
  •  English Languages proficiency tests, like IELTS or TOEFL
  •  Statement of Purpose
  •  2 Recommendation Letters
  •  Admission interview

Read this: 20 Best Online Schools for Accounting | UPDATED

List of 13 Best Business Schools in Canada 2023

Business schools in Canada offer some of the best programs with courses that will help your business intelligence.

#1. Sauder School of Business – University of British Columbia

The UBC Sauder Business School offers undergraduate and graduate programs to approximately 4,000 students.

The school is located in Vancouver, on the Point Gray campus at UBC. UBC Sauder offers a global business perspective through rigorous and relevant education.

Furthermore, the school offers many opportunities for international studies, from semesters abroad to business development workshops in destinations such as China and Kenya, among others.

UBC Sauder has been involved in research with specialized research centers focusing on social innovation, impact investing, urban economics, and more. This is one of the top Canadian business schools in 2023.

Sauder School of Business Fees

Undergraduate tuition and fees: Out-of-state tuition: 42,179 CAD, International tuition: 52,541 CAD.

Sauder School of Business Ranking

The UBC MBA program at the Robert H. Lee Graduate School is ranked in the World’s top 50 Global Elite Quadrants for employability and research excellence.

In the Times Higher Education World University Rankings 2016-2017, UBC is ranked 1st in Canada and 19th globally for business and economics studies.

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#2. Schulich School of Business – York University

The Schulich School of Business is the business school of York University located in Toronto, Ontario, Canada.

This top business school in Canada offers undergraduate, graduate, and postgraduate business degrees that lead to careers in the private, public and nonprofit sectors.

Also, has more than 29,000 alums working in approximately 90 countries. Schulich pioneered Canada’s first International MBA (IMBA) and International BBA (IBBA) degrees.

As well as North America’s first cross-border executive MBA degree, the Kellogg-Schulich Executive MBA. This is one of the best MBA schools in Canada.

Schulich School of Business Ranking

Schulich is ranked among the leading business schools in the World and #1 in Canada. It is ranked 8th in the 2017 International MBA ranking by Forbes and 1st in Canada. This is the Schulich School of Business Global ranking.

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#3. Ivey Business School – Western University

Ivey Business School, generally abbreviated as Ivey, is the University of Western Ontario business school in London, Ontario, Canada. According to Bloomberg, Ivey was the best business school in Canada in 2017.

The Ivey School of Business at Western University is widely regarded as the most prestigious business school in Canada and one of the best in the World.

Based on extensive research and professional experience, Ivey provides students with the knowledge and skills to confront the challenges and opportunities of corporate leadership confidently.

Ivey offers undergraduate and graduate programs and executive education programs on campuses in London, Ontario, Toronto, and Hong Kong. This is one of the best MBA schools in Canada.

Ivey School of Business Ranking

As MBA of the Financial Times, in the 2018 annual ranking of the Financial Times MBA worldwide, Ivey Business School ranked 88th among the 100 best business schools.

The same ranking also places Ivey in the 26th business school position in the research ranking in FT. QS Top MBA placed Ivey in the 12th MBA program in North America in 2017.

Ivey School of Business Programs

The Ivey Business School offers some of the best MBA program in Canada, including Honors in Business Administration, Master of Business Administration, Master of Science in Management, Ph.D., Pre-HBA Undergraduate Courses.

This is one of the best undergraduate business schools in Canada and the best Master’s business schools in Canada.

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#4. Desautels Faculty of Management – McGill University

The Desautels School of Management is a faculty of McGill University. The faculty offers a range of undergraduate business programs and graduate students, including a Bachelor of Commerce, a Master of Business Administration, and a Ph.D. in Philosophy and teaching management facilities in Montreal (Quebec), Canada, and Tokyo (Japan).

The Faculty also offers a joint MD / MBA with the Faculty of Medicine and a joint MBA / Law program at the Faculty of Law. While it may be true, this is one of the best MBA schools in Canada.

McGill University Business School Ranking

The Desautels MBA program is ranked 2nd in Canada and 87th in the World by the 2019 Financial Times Global MBA Ranking—one of only three Canadian schools that made a list.

McGill University Business School Undergraduate programs

Undergraduate students can participate in an exchange at more than 70 different universities around the World, and the Faculty offers an international summer program for university students visiting from other universities.

Students from other McGill graduate schools may choose to take courses or complete a minor in Desautels.

McGill University Business School Graduate Programs

Graduate in business administration programs includes a Master of Business Administration, a Ph.D. in management, and other programs. The faculty also offers joint programs with the faculties of Law and Medicine.

McGill University Business School MBA Programs

The full-time MBA is a two-year program. Students can focus on the areas of finance, marketing, strategy and innovation, and analysis and choose more than 50 elective courses.

There are also other programs not included here but can be found on the McGill University Business School official site.

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#5. Joseph L. Rotman School of Management – University of Toronto

The Joseph L. Rotman School of Management, known as the Rotman School of Management, is a graduate business school at the University of Toronto in downtown Toronto. 

The school offers undergraduate, graduate, and doctoral programs in business administration, finance, and Commerce, including full-time, part-time, and executive MBA programs.

As well as a graduate program including a Master of Finance, Master of Management Analysis, Graduate Diploma in Professional Accounting and Doctoral Program, Rotman Ph.D.

This Joseph L. Rotman School of Management is regarded as one of Canada’s best MBA universities/schools.

Rotman School of Management Ranking

In the Financial Times 2013 Financial Times ranking, Rotman ranked first in Canada, ranked 20th in North America, and 46th in the World. Rotman’s EMBA program ranked second in Canada.

Also, Rotman has been ranked as the best business school in Canada in recent decades.

In the 2017 ranking of the Financial Times MBA programs, Rotman ranked first in Canada.

The Rotman MBA program was ranked 60th in the 2016 MBA World ranking by the Financial Times magazine.

Furthermore, in the Financial Times ranking of MBA programs in 2018, Rotman ranked second in Canada.

Also, ranking 86th in the general ranking, losing 21 times more than the Desautels School of Management.

For this reason, Rotman is behind the Schulich School of Business at York University and the Desautels School of Management at McGill University.

Rotman School of Management Undergraduate Program

The Rotman Commerce (formerly Commerce) is an undergraduate program jointly administered by the Faculty of Arts and Sciences of the University of Toronto and the Rotman School of Management.

Rotman School of Management Graduate Programs

The graduate programs offer degrees in Rotman Full-Time MBA, Morning/Evening MBA, Master of Finance, and Executive MBA programs.

Rotman School of Management Doctoral Programs

The doctoral program offers degrees in Accounting, Business Economics, Finance, Marketing, Operations Management, Organizational Behavior, Human Resources Management, and Strategic Management.

A joint degree in administration and economics is also proposed (Master in Financial Economics).

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#6. Alberta School of Business – University of Alberta

The Alberta School of Business at the University of Alberta is located in Edmonton, Alberta, Canada. Founded in 1916, it is a publicly funded institution focused on research. The Financial Times of London consistently ranked it among the 50 best universities.

“The Alberta School of Business is one of the world’s leading business education and research institutions.”

The first and oldest accredited business school in Canada, the Alberta School of Business at the University of Alberta embodies the spirit of taking risks and the hard work that defines our province: For more than a century, innovation, entrepreneurship, and the leadership of school alumni have strengthened businesses and communities around the World. “

Alberta School of Business MBA Fees

Undergraduate tuition and fees: Domestic tuition: 5,320.8 CAD, International tuition: 20,395.2 CAD.

Alberta School of Business Ranking

2019 Maclean’s Best Business Universities in Canada Ranked Alberta School of Business the #4th.

Also, the 2018 QS Global MBA Rankings: Canada Ranked Alberta School of Business the #8. Equally, Shanghai Academic Subject 2018 Rankings: Business Administration Ranked Alberta School of Business the #17 (Globally).

While in the Financial Times 2018: Executive Education (Open Enrolment) Ranked Alberta School of Business the #55 (Globally)

In addition, the 2018 Financial Times: Executive Education (Custom Programs) Ranked Alberta School of Business #72 (Globally).

Finally, Bloomberg Businessweek Best B-Schools 2018 Ranked Alberta School of Business the #108 (Globally)

Alberta School of Business Program

The Alberta School of Business offers undergraduate, Master’s, and doctoral programs, as well as continuing education and lifelong learning programs. A master’s degree in financial management was introduced in September 2011.

The Alberta MBA program offers specializations in finance, international trade, public policy and management, natural resources, energy and environment, and technology commercialization.

In addition, the Alberta MBA was ranked third in Canada for corporate social responsibility by Corporate Knights magazine.

The Bachelor of Commerce program offers five undergraduate offers, which include BCom-Coop and BCom Bilingual.

And degrees in AccountingEconomics and Commercial Law, Business Studies, Decision and Information Systems, and Distribution Management.

Also, a degree in East Asian StudiesEntrepreneurship, information management systems, management and organization, marketing, and operations management, as well as retail and services.

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#7. HEC Montréal Business School | Montréal, Québec, Canada

HEC Montreal is a Canadian business school located in Montreal, Canada. Founded in 1907, HEC Montréal is the University of Montreal business school.

It is recognized as the first management school established in Canada.

The business school offers undergraduate, graduate, and postgraduate programs, which include a Bachelor of Business Administration, a Master of Science in Management, a Master of Business Administration, and a Ph.D. the administration. More to an Executive MBA program joint with McGill University.

HEC Montréal Ranking

HEC Montréal ranked first among Canadian business schools for its MBA program by Canadian Business in 2016. And also ranked 17th in the World by business schools outside the non-US from Forbes.

Equally, ranked 1ST in QUEBEC, 4TH in Canada, and 54TH in the World. Also, KUBS Worldwide Business Research Rankings (2016).

In addition, 5 Palmes of Excellence – the highest score ever in the Eduniversal international ranking (2017). And finally, among the 30 best international business schools by Bloomberg BusinessWeek in 2015.

Programs and Training

The HEC Montréal Business School offers a number of programs and degrees, including a Bachelor of Business Administration (BBA) and Professional Certificates.

Also, it offers Master of Science in Administration (MSc), Professional Master, Masters in International Arts Management (in English), an MBA, and much more. They equally have a platform for online courses.

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Also, read this: Study In UK: Top 10 Universities to Study Accounting and Finance in the UK.

#8. Smith School of Business – Queen’s University

The Stephen J. R. Smith Business School, or the Smith Business School, is a business school located at Queen’s University in Kingston, Ontario, Canada.

The school offers undergraduate and graduate programs at Queen’s University but is administered separately with its own director and budget.

The Stephen J. R. Smith Business School, or the Smith Business School (formerly known as the Queen’s Business School), is a business school located at Queen’s University in Kingston, Ontario, Canada.

Furthermore, the school offers undergraduate and graduate programs at Queen’s University but is administered separately with its own director and budget. This business school can be regarded as one of the best MBA universities/schools in Canada.

Queen’s University Smith Business School Ranking

Basically, Environics ranked the Queen’s full-time MBA program number one in Canada in 2006 in its report on executive education.

In the 2012 Report of the QS Global Business Schools 200, the school was ranked as the third-best business school in Canada and the 16th-best business school in North America.

In addition, in the Financial Times ranking in 2017, Queen’s MBA ranks 50th in the World. And in the Economist ranking of 2018, Queen’s MBA ranks 88th in the World.

Smith School of Business for Undergraduate

The undergraduate program offers students extracurricular options in the areas of consulting, accounting, marketing, and finance.

Smith School of Business for Graduate

Full-time MBA

The Queen’s full-time MBA program (formerly Queen’s Science and Technology MBA) occupied Canada’s first full-time MBA program. And the first outside the United States according to the biannual Business Week ranking in 2004, 2006, and 2008.

Accelerated MBA for business graduates

Queen’s accelerated full-time business graduation program is one of the best MBA programs in Canada for undergraduate business graduates.

The program lasts 12 months, and the admission decision depends on the candidate’s progressive work experience, academic training in Undergraduate Business Studies, GMAT, and a personal interview.

Executive MBA

BusinessWeek and Environics has ranked Queen’s Executive MBA program among the best in Canada for executive MBA programs.

The program lasts 16 months, and the admission decision depends on the candidate’s management experience, as well as references, previous academic experience, QMAT scores (or GMAT), and a personal interview.

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#9. DeGroote School of Business – McMaster University

The DeGroote Business School at McMaster offers various undergraduate programs, including Bachelor of Commerce, Bachelor of Commerce, MBA and Doctoral Programs, Executive Development, and International Exchange.

The Commerce Internship Program allows students to work for 12 to 16 months. In addition to internship opportunities, undergraduate programs include professional certification.

A student enrolled in the Honours Bachelor of Commerce Program may apply to become an Authorized Professional Accountant (CPA) and a Certified Professional in Human Resources (CHRP).

DeGroote School of Business Programs

The school offers the following undergraduate programs Undergraduate Commerce and Integrated Business and Humanities.

The DeGroote School of Business also offers MBA and EMBA Programs such as MBA Program and Executive MBA in Digital Transformation Program.

Also, they offer Graduate Programs such as Ph.D. Program in Business Administration and Health Policy Ph.D. Program.

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#10. John Molson School of Business – Concordia University

The John Molson School of Business is a business school located in Montreal, Quebec, Canada. JMSB was created in 1974 by the University of Concordia. This is one of the best MBA universities/schools in Canada.

John Molson School of Business Fees

John Molson School of Business Tuition fees Includes:

Quebec residents $6,800

Canadian, non-Quebec $11,900

International students $26,400

John Molson School of Business – Concordia University Ranking

QS ranks the John Molson EMBA #77 in the World. John Molson EMBA has placed 77th in the World in the Executive MBA category of the 2019 QS World University Rankings.

John Molson School of Business Undergraduate programs

The Undergraduate programs offer degrees such as Bachelor of Administration, Bachelor of Commerce, and many more.

John Molson School of Business Graduate Diploma Programs

The Graduate Diploma programs offer degrees such as Business Administration, Chartered Accountancy, Investment Management

John Molson School of Business Graduate Certificate Programs

The Graduate Certificate programs offer degrees such as Business Administration, Management Accounting

John Molson School of Business Postgraduate Programs

The Graduate Certificate programs offer degrees such as Master of Science in Management (MSc), MBA, Master of Science in Marketing (MSc), and Ph.D. in Business Administration, as well as an MBA in Investment Management, Master of Science in Finance (MSc), Executive MBA, and Master of Supply Chain Management (MSCM).

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#11. Telfer School of Management – University of Ottawa

The Telfer School of Management is a business school located at the University of Ottawa in Ottawa, Ontario, Canada. The school was named in honor of a university student, Ian Telfer, who donated to the University of Ottawa.

Telfer School of Management MBA Fees

Telfer MHA tuition fees are highly competitive. The total cost of the Intensive option (4 terms) of the Telfer MHA is roughly $31,600 for students who are Canadians or permanent residents of Canada and roughly $53,000 for international students.

Telfer School of Management University of Ottawa Ranking

In the 2016 Global Ranking of the ReportED Business School, Telfer’s School of Management ranked 70th in the World and sixth among Canadian universities for its MBA program.

The Global Survey of EMBA programs conducted by the Financial Times in 2004 rated the Executive MBA of the U of O ranked 65 out of 220 worldwide. In the 2017 ranking, the university ranked 87th among the top 90 EMBA programs.

The Telfer School of Management has also been ranked among the Top 150 Business Schools of the Financial Times in the last four years.

Study Programs

The school offers a series of undergraduate and graduate programs. The undergraduate programs include the following: Accounting, GIS, E-Commerce, Entrepreneurship, and Finance.

Also, Human Resources Management, International Business, Management, and Marketing all lead to a bachelor’s degree in Commerce.

The graduate programs include the Master of Business Administration (MBA), Joint Option of MBA-LLB, and Master of Business Administration (EMBA), as well as a Master of Science in Administration, Master of Health Systems, and Master of Science in health administration (MHA).

The school also offers interdisciplinary graduate programs: Master’s Degree in Engineering Administration, Electronic Commerce, and Electronic Commerce and Systems Sciences.

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#12. Sobey School of Business – Saint Mary’s University

The Sobey Business School is the business school of Saint Mary’s University, located in Halifax, Nova Scotia, Canada. Originally established in 1934 as a trade faculty at the University of Saint Mary, this program was one of the first management programs in Canada.

Sobey School of Business MBA Fees

The all-inclusive tuition fee for the Sobey School of Business Executive MBA for the 2019 – 2020 academic year is $52,000 (domestic). And it includes $4,000 credit towards a (7-12 day) International Trade Mission. All course materials and books.

Sobey School of Business Ranking

Quacquarelli Symonds (QS) ranked Sobey’s MBA program as one of the top ten in Canada.

Corporate Knights were ranked in the 8th Sobey MBA in the World in its best MBA World Rankings (2018), placing Sobey above MIT, Harvard and Stanford.

The Canadian companies ranked Sobey MBA eighth in Canada and the best in the Canadian Atlantic in 2015.

Sobey School of Business Undergraduate Degree Programs

The Sobey School of Business offers a range of business degrees, starting with a Bachelor of Commerce with 10 major options or specializations. Such as Accounting, Computing and Information Systems, Economics, Entrepreneurship, Finance, and General Business Studies (Custom-Design), as well as Global Business Management, Honors Economics, Human Resource Management, and Industrial Relations, Management, and Marketing. They also have Certificate Programs like Human Resource Management.

Sobey School of Business Graduate Programs

The Sobey School of Business offers graduate and doctorate-level programs, including

  • Ph.D. in Business Administration
  •  Master in Finance
  •  The MBA program focus areas on Finance; Management Consulting; Entrepreneurship, Social Enterprise, and Sustainability; Marketing.
  •  Master of Applied Economics
  •  MBA (CPA Stream)
  •  Master of Management, Co-operatives and Credit Unions
  •  Graduate Diploma in Co-operative Management
  •  Master of Technology Entrepreneurship and Innovation

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#13. Goodman School of Business – Brock University

The Goodman School of Business is the business school of Brock University in St. Catharines, Ontario, Canada. The business school offers undergraduate and graduate programs.

Goodman School of Business Fees

Undergraduate tuition and fees: 5,886.05 USD (2011), International tuition: 14,723.3 USD (2011)

Goodman School of Business Ranking

The 2013 Globe and Mail Academic Bulletin, a national survey on student satisfaction, gave Brock University the following qualifications in the medium-sized university category:

The most satisfied students: B + (4th in Canada) and the atmosphere of the campus: A- (4th in Canada)

School Board: B + (2nd in Canada)

Goodman School of Business Programs

The Undergraduate Programs of the Goodman School of Business include Business Administration (BBA), Accounting (BAcc), and Dual Degree Program.

The Graduate programs f the Goodman School of Business include Master of Business Administration (MBA), Master of Accountancy (MAcc), and Master of Science in Management (MSc).

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#14. Canadian Business College – Colleges in Toronto

The Canadian Business College is a private business school based in Ontario, Canada. Three campuses are located in Toronto, Scarborough, and Mississauga.

The Canadian Business College was created by Mr. Mazher Jaffery, who served as Dean, President, and CEO until he sold the college.

In November 2012, the Canadian Business College began operating under new ownership, with John Nelson assuming the position of CEO until 2017.

Canadian Business College Ranking

The Business School is ranked 30 and 1198 in the World

Canadian Business College Programs

The Canadian Business College offers a variety of professional development programs and degrees, including Business, Law, Information Technology, Marketing, Medical Care, and Childcare.

Qualified Canadian students can apply for financial assistance through the Ontario Student Assistance Program (OSAP) or through the Second Career program. Students may also be eligible for scholarships and private financing options.

Paralegal Program

Law Clerk Program

Accounting Program

Business Management Program

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Check this: 15 Best Accredited Online Ph.D. Programs in Business 2023 | Cost, Admission Requirements

#15. BCIT: School of Business

The BCIT Business School is a business school within the British Columbia Institute of Technology. In 1965, the Business School was founded, and its campuses are located in Burnaby and downtown Vancouver, British Columbia, Canada.

The Council of Accreditation of Schools and Business Programs accredited programs.

“The BCIT Business School gives you the work experience you need to get the job you want.”

With more than 100 programs and 300 courses, the BCIT Business School can help you improve your skills and business potential through study opportunities.”

This is one of the best MBA universities/schools in Canada.

BCIT Tuition and Fees

The BCIT programs typically consist of 10 to 15 courses annually – good value for your educational investment. A two-year diploma program’s average tuition fee per year is CAD 13,500 – CAD 19,500.

BCIT Business School Ranking

The BCIT Business School is ranked 31 in Canada and 726 in the World.

BCIT Business School Programs

The BCIT School of Business offers more than 130 references that can be completed full-time, part-time, or online. The certificates are qualified in diplomas.


The Business School offers more than 20 degree programs that cover a wide range of specializations in the fields of business and media. The diplomas are completed in two years full-time or courses per part-time course.


BCIT offers a bachelor’s degree in business administration and a bachelor’s degree in accounting. Students can obtain a bachelor’s degree in three years by completing a degree program and an additional year of business studies.


BCIT offers two graduate certificate programs. The Graduate Certificate in Business Administration is a one-year full-time program transferred to several international MBA programs.

The Graduate Certificate in Analytics is completed in the afternoon for one year.

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Why study business in Canada? 

One of the reasons you should study in Canada is that the country is one of the best countries where you can study easily. The country provides world-class educational opportunities at an in expensive cost.

What are the requirements to get into a business school?

Here are the requirements to have:
– Bachelor’s degree from a recognized university or education institution
– Graduate Management Admissions Test (GMAT) score
– Previous relevant work experience
– English Languages proficiency test, like IELTS or TOEFL
– Statement of Purpose
– 2 Recommendation Letters
– Admission interview.

Does Canada have a good business school?

Canada was the first country outside the US to offer the MBA degree and remains one of the World’s most popular study locations among international applicants. 
It is also home to employers who display a consistently strong demand for MBA graduates.


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