Top Business Schools in Canada

If you’ve ever considered pursuing a business degree, then you know it can be exciting and overwhelming. With so many options available and such wide variations in curriculum offerings and prestige, it can be challenging to determine which school is right for you. 

Luckily, several highly-rated universities throughout Canada offer world-class business programs, making the process easier by narrowing down your choices significantly. In this blog post, we will look at the best university for an MBA in Canada to help you decide which one best fits your academic aspirations!

How to Choose a Top MBA University in Canada?

We know you want to make it big at one of the top business schools in Canada for an MBA. However, before that, you need to understand how to choose  one based on your requirements. So, consider the factors below for more clarity, even if it is one of the top undergraduate business schools in Canada.


Do your research

Before narrowing down your choices, it’s essential to do your research and ensure you understand what an MBA program entails. Read up on the different types of programs offered by schools, the curriculum requirements, and the admissions process. Once you have a good understanding of what an MBA entails, you can start to narrow down your list of potential schools.

Consider your goals

What are your long-term career goals? Do you want to work in a specific industry or region? Are you looking for a program to give you the skills and knowledge to start your own business? Answering these questions will help you narrow down your list of the best business schools in Canada for an MBA.

Consider your budget

MBA programs can be expensive, so it’s essential to consider your budget when deciding. Make sure to look at the cost of tuition and other associated fees, such as room and board, books and supplies, and living expenses. Also, be sure to check out the financial aid options offered by the schools on your list.

Consider the school’s location

Do you want to stay close to home, or are you looking for an opportunity to live in a new city or country? The school's location can be a significant factor in your decision-making process. If you’re looking for a specific environment or climate, that may also affect where you decide to attend school.

School’s reputation

When choosing the best business colleges in Canada, it’s important to consider their reputation within the business world. Look at rankings from organizations like Businessweek or Forbes, and read up on what current and former students have to say about their experience at the school. A school’s reputation can give you insights into its quality of teaching, job placement rates, and overall student satisfaction levels.

Top Business Schools in Canada

Here is a list of the best MBA programs in Canada. This list also includes the best undergraduate business schools in Canada:

Serial Top MBA programs in Canada Type of MBA Program
1 The University of Toronto – Rotman School of Management Full time, part-time, dual and executive degree 
2 Western University – Ivey Business School Full-time, Executive and dual degree
Queen’s Smith School of Business Full time, part-time, dual and executive degree 
4 McGill University – Desautels Faculty of Management Full time, part-time, dual and executive degree 
UBC Sauder School of Business Full-time, Part-time, dual degree
York University – Schulich School of Business Full time, part-time, dual and executive degree 
7 Alberta School of Business Full time, part-time, dual and executive degree 
8 Concordia University – John Molson School of Business Full time, Part-time, and Executive MBA
9 HEC Montréal Full time, Part-time, and Executive MBA
10 Rowe School of Business Online, corporate residency, Dal MBA


Best Online MBA Programs in Canada

  1. Dalhousie University 
  2. University Canada West (UCW)
  3. University of Guelph 
  4. Laurentian University 
  5. Thompson Rivers University
  6. Carleton University

So these are some of the top business schools in Canada based on the MBA Canada ranking. Choose the perfect school according to your academic strengths. 

How to Apply for Top Business Universities in Canada?

Those who wish to apply to top business universities in Canada must carefully consider the admission criteria set by each university. This usually includes having the following:

  • Bachelor’s degree from a recognized university with the minimum GPA required and relevant experience as determined by the individual university.
  • Applicants should also demonstrate their command of both written and spoken English via valid scores on language proficiency tests such as IELTS, TOEFL, or PTE.
  • Finally, a GRE or GMAT score is also typically required to gain entry into most MBA programs in Canada.


Attending one of the top business colleges in Canada is a great way to jumpstart your career, as employers worldwide respect these universities. These top MBA programs in Canada are recommended for their world-class education and research opportunities for those interested in pursuing postgraduate studies abroad. 

However, before deciding on a university that meets your specific goals, it is essential to assess each institution based on its strengths and weaknesses and how well it aligns with what you hope to gain from experience. With a substantial investment of both time and money, there’s no doubt that careful consideration should be taken when selecting a university and program.

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Frequently Asked Questions

Which business course is best in Canada?

Deciding on the best business universities in Canada can be a challenge, as there are many options to choose from. The Bachelor of Business Administration (BBA) or the Business Fundamentals course are two of the most popular choices for individuals wanting to pursue a career in business.

Is the GMAT compulsory for an MBA in Canada?

Generally, the admissions committee evaluates prospective students' suitability for MBA programs based on multiple criteria, including their GMAT or GRE test scores. It is an integral part of the selection process.

What is the GMAT score in Canada?

Getting accepted into the best MBA course in Canada requires a good GMAT score. The lowest score accepted varies from school to school, but the average required to gain acceptance is around 550. To be accepted into the more highly-reputed business schools in Canada, though, applicants should strive for higher scores.

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