Executive MBA in Canada
Executive MBA is a programme designed for working professionals at senior executive or managerial posts. An EMBA programme… The post Executive MBA in Canada appeared first on Leverage Edu.
Executive MBA is a programme designed for working professionals at senior executive or managerial posts. An EMBA programme is offered by several world’s top business schools. Talking about top business schools in the world, it’s impossible not to mention Canada as the country which houses some of the best business schools. Not only is it recognized for its quality education, but also attracts a massive foreign student population. Most of the business schools and universities in Canada have partnered together to provide Executive MBA programmes. Read the full blog to know more about how to pursue an Executive MBA in Canada.
Overview of Executive MBA in Canada
An Executive MBA in Canada is generally a 1-year programme that costs between CAD 29,000 and CAD 145,000 (INR 16.7 lakhs to INR 83.73 lakhs) per year. An EMBA in Canada has a professional and personal return on investment; you could obtain employment in Canada that pays up to CAD 207,000 (INR 1 Crore) per year. You must have a minimum of 5-7 years of experience to pursue an Executive MBA in Canada. Universities in Canada also ask for a decent GMAT score to pursue this course.
|Course Name||Executive MBA|
|Course Fees||INR 16.7 to 83.73 lakhs|
|Prerequisite||GMAT/GRE Score (not mandatory)Work Experience: 5-7 years|
|Estimated Pay Scale||Up to 1 crore per year|
Also explore Best Executive MBA Programs around the World
Why Study Executive MBA in Canada?
Some of Canada’s most prestigious institutions have partnered with some of the largest and most prestigious universities to offer combined Executive MBA programs in Canada. Professionals can broaden their horizons and study on a worldwide scale as a result of this. The course’s strength is the balance of work and learning. Below, we have listed some more reasons why you must consider Canada to pursue an Executive MBA.
Some of the well-known advantages of pursuing an Executive MBA in Canada are:
- The procedure for admission and obtaining a visa is easy.
- Canada’s educational institutes/colleges provide internationally recognized degrees.
- Business programmes offered by Canadian schools help EMBA professionals advance in their jobs, boosting their earning potential.
- Internship programmes allow students to get professional experience.
- Because the EMBA degree instils real-world knowledge, professionals get exposure to a variety of business intricacies.
Know all about MBA for Working Professionals: Online, 1-Year Executive
For professionals seeking admission in Executive MBA in Canada, the following are the employment and educational requirements you will need to meet.
- An undergraduate degree or postgraduate degree with 80% – 90% marks in aggregate or CGPA of 3.0 out of 4.0.
- English proficiency test scores: IELTS, TOEFL or Duolingo
- Scores of GMAT and GRE.
- Official academic transcripts
- Previous full-time work experience: Universities will ask for around 5 – 7 years of work experience.
- Statement of Purpose, Letters of Recommendation (usually two), and MBA Essays.
- Interview: Universities take 30 – 50 minutes long interviews that help them in evaluating the applications and let them decide how suitable they are.
- Letter of Sponsorship
Top Universities Offering Executive MBA in Canada
Below we have mentioned the list of top business schools and universities which offer Executive MBA in Canada:
|McGill University||Desautels Faculty of Management|
|Queen’s University||Smith School of Business|
|University of Western Ontario||Richard Ivey Business School|
|York University||Schulich School of Business|
|University of British Columbia||Sauder School of Business|
|University of Alberta||Alberta School of Business|
|Concordia University||John Molson School of Business|
|McMaster University||DeGroote Business School|
|University of Calgary||Haskayne School of Business|
|Saint Mary’s University||Sobey School of Business|
|University of Carleton||Sprott School of Business|
|Simon Fraser University||Beedie School of Business|
|University of Ottawa||Telfer School of Management|
|UToronto||Rotman School of Management|
Rotman School of Management- UToronto
The Rotman School of Management’s Executive MBA programme is a 13-month programme that can help you grow as a leader. Through this programme, you will get fresh insights into the fast-paced corporate world and will be able to apply them to your job.
|Deadlines||March & June|
|Work Experience||8+ (overall), 3+ (senior or mid-senior roles)|
|Class Profile Average||15 years (overall), 9 years (management)|
|Exams Accepted||University entrance exam or equivalent GMAT/GRE scores|
|English Language Proficiency||TOEFL– 93IELTS– 7.0|
|Other Requirements||Current full-time employment|
Desautels Faculty of Management- McGill University
McGill’s EMBA programme is a 15-month programme offered in collaboration with HEC Montreal. It is a multilingual course that provides students with issue-driven learning and experiences.
|Work Experience||10 years (overall), 5 years (management)|
|Class Profile Average||17 years (overall), 12 years (management)|
|English Language Proficiency||IELTS Score: 6.5 or above|
TOEFL Score: 93
|Mandatory Documents||2 Letters of Recommendations, employer support letter, response to 5 question essay|
Smith School of Business: Queen’s University
The Queen’s-Cornell cooperation has resulted in the Executive MBA at Smith School of Business. The programme is 17 months long and provides professionals with innovative remote learning opportunities.
|Work Experience||8 -10 years|
|Class Profile Average||13 (overall), 8 (management)|
|Mandatory Documents||2 Letters of Recommendations, 3 application questions|
Schulich Business School- York University
The Executive MBA at Schulich Business School is offered in collaboration with Kellogg School of Management and is ranked #1 in Canada by the Economist. With over 40 specialised optional courses to choose from, the Kellogg-Schulich EMBA allows practitioners to customize their degrees.
|Work Experience||8-10 years|
|Class Profile Average||13 years (overall)|
|English Language Proficiency||IELTS- 7.0, TOEFL- 100|
|Exams Accepted||GMAT/GRE (may be asked)|
|Mandatory Documents||2 LORs, essay questions|
|Interview (If Applicable)||Required|
Richard Ivey Business School- University of Western Ontario
The Richard Ivey Business School offers a 15-month Executive MBA programme for experienced career executives. It offers you challenging and transformational experiences that will help you advance in your profession.
|Work Experience||8 years (overall)|
|English Language Proficiency||TOEFL- 100|
|Exams Accepted||GMAT score may be required|
|Mandatory Documents||2 Letters of Recommendations|
Cost of Studying Executive MBA in Canada
The average cost of studying for an Executive MBA in Canada at one of Canada’s leading institutions ranges from CAD 29,000 to CAD 145,000. This might range from INR 16 to INR 83 lakhs for an Indian student. Apart from the cost of studying, given below is a breakdown of the different expenses which are important to consider while calculating the cost of studying and living in Canada for Indian students.
|Living Cost in Canada||Cost|
|Flight Expense||INR 1,00,000 – 2,00, 000/- per flight|
|Study Permit Fees||$150 (INR 11,123)|
|Work Permit Fees||$155 (INR 11,493)|
|IELTS test Fees||INR 14,700|
|Accommodation||CAD 5,000 – CAD 10,000(INR 2,67,000-INR 5,39,000) per annum|
|Travel Costs||CAD 80 – CAD 110 (INR 4,300-INR 6,000) per month|
|Health Insurance||CAD 300-CAD 800 (INR 17,000-INR 44,000)|
|Food||CAD 300- CAD 400 [17,508 INR-23,344] (monthly)|
|Entertainment||CAD 750 [43,770 INR] (monthly)|
Get your personalised Cost of Living in Canada using our revolutionary tool: Cost of Living Calculator
Scope After Executive MBA in Canada
The market is highly competitive in economic terms, where many businesses see the light of day regularly while others are left in the dust. Executive MBA programmes in Canada help you hone your concentration and desire to achieve your maximum potential. Employment and career opportunities after an MBA and jobs after an Executive MBA in Canada differ not in the sort of business or industry in which you work, but in the type of role, you are offered. You may earn up to 237,000 CAD [INR 1.4 Cr] per year if you have prior experience in Canada and additional training from your EMBA from Canada.
Canada Study Visa
To obtain a Canada Study visa for Indians, one needs to apply to the Citizen and Immigration (CIC) which is the main concerned authority for obtaining student permits for international students. There are two ways to apply for Student Permit in Canada or a Canadian study visa:
- Regular Study Permit Application Procedure: On the other hand, the regular study permit application procedure is a traditional method in which you can either apply online or on paper. The eligibility criteria are similar to the student direct stream, however, it can take a little longer for the screening of applications. The application fee for Student Visa in Canada is CAD 150 [Rs 8,000 approximately].
- Student Direct Stream: For Indian students, the best way is to apply through the student direct stream in which you must register online at the official website of the CIC, submit biometrics (fingerprints and photo), and then wait for at least 20 days for the verification and result.
Documents Required for Visa
- Letter of Acceptance
- Valid Passport
- Transcripts/ Marksheets
- School Leaving Certificate
- Evidence of GIC Purchase
- Scholarship/Funding Details [If Applicable]
- Proof of your English or French Proficiency Test
- Student Questionnaire
- Medical Test for Canada Student Visa
- Family Information Form
- IT Records of your parents [Last 2 years]
- Use Representative Form (IMM 5476)
Canada being one of the most welcoming studies abroad destinations is certainly one of the top choices for professionals to pursue their Executive MBA in Canada. To ensure you get selected in one of the top universities in Canada, it’s highly imperative to have your application stand out. Call our Leverage Edu experts today on 1800572000 and take the first step towards fulfilling your dream of studying in Canada.