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In this article, we’ll explore the top MBA scholarships in Canada, eligibility requirements, and tips on how to secure funding.
Why Study MBA in Canada?
- Before diving into scholarships, here’s why international students choose Canada for their MBA:
- High-quality education – Canadian universities rank among the best globally.
- Affordable tuition compared to the US and UK – while still offering strong ROI.
- Diverse and welcoming environment – multicultural campuses attract students worldwide.
- Post-graduation opportunities – work permits and immigration pathways make Canada an attractive long-term option.
Top Canada MBA Scholarships for International Students
Here are some of the most popular and competitive scholarships for MBA candidates in Canada:
Here are some of the most popular and competitive scholarships for MBA candidates in Canada:
1. Ontario Graduate Scholarship (OGS)
- Open to international students pursuing graduate studies, including MBA.
- Based on academic excellence.
- Award: CAD 5,000 per session (up to CAD 15,000 per academic year).
2. Rotman School of Management Scholarships (University of Toronto)
- Multiple scholarships for MBA students, including entrance awards.
- Selection based on academic merit, leadership, and professional achievement.
- Award amounts vary, some covering partial tuition.
3. Sauder School of Business Scholarships (University of British Columbia)
- International Talent Scholarships for high-achieving students.
- Entrance awards automatically considered for MBA applicants.
- Awards can range up to CAD 30,000.
4. Alberta MBA Scholarships (University of Alberta)
- Offers a wide range of entrance awards, international student scholarships, and donor-funded awards.
- Scholarships can range from CAD 1,000 to CAD 15,000.
5. Desautels Faculty of Management Scholarships (McGill University)
- International MBA students are eligible for merit-based fellowships and entrance awards.
- Awards vary depending on academic performance and leadership potential.
6. Ivey MBA Scholarships (Western University)
- Entrance scholarships available for international students.
- Some awards reach up to CAD 50,000.
7. Haskayne School of Business Scholarships (University of Calgary)
International MBA students automatically considered for scholarships.
Awards vary based on merit and financial need.
International MBA students automatically considered for scholarships.
Awards vary based on merit and financial need.
Eligibility Criteria for MBA Scholarships in Canada
While requirements differ by university and scholarship type, most MBA scholarships for international students in Canada require:
- Strong academic record.
- Demonstrated leadership and extracurricular involvement.
- Professional achievements and work experience.
- A competitive GMAT or GRE score.
- Strong statement of purpose or essays.
How to Apply for Canada MBA Scholarships
- Research Early – Start exploring scholarship options at least 12–18 months before application deadlines.
- Prepare a Strong Application – Focus on academic excellence, leadership, and community involvement.
- Tailor Your Essays – Highlight career goals, leadership skills, and why you’re a strong fit for the program.
- Secure Strong References – Letters of recommendation carry weight.
- Apply on Time – Many scholarships are considered automatically, but some require separate applications.
Tips to Increase Your Chances
- Maintain a high GPA and competitive GMAT/GRE score.
- Showcase leadership through work experience and extracurricular activities.
- Demonstrate financial need if applicable.
- Apply for multiple scholarships to increase chances of success.
Conclusion
Studying an MBA in Canada is a significant investment, but Canada MBA scholarships for international students make it more accessible. From university-specific awards to government-funded programs, there are plenty of opportunities for deserving students. With the right preparation, strong application, and early planning, you can reduce financial stress and focus on building your future career in Canada.