Most affordable MBA colleges in Canada

Last Updated on November 18, 2021 by Akwaowo Akpan

MBA from Canada is the best option for students who are looking for a world-class education at an affordable price. Canada parallels the US in terms of Education standards, yet the programs cost one-fourth. Now the Canadian universities are looking to attract an International student, which is why the costs are not very high for Indian students.

The only problem Indian students may face in Canada is the language problem. Canada is a bilingual country, with both English and French having the status of national languages. Some of the MBA courses are also conducted in French. If you are not fluent in French, you may have to skip a few options. Otherwise, most of the courses are in English and French.

The top league MBA universities may charge heavy tuition fee, around $40,000. But there are a lot of colleges where the costs are not very high and their world rankings are also decent. Plus you can make up for the costs by working part-time while studying.So if you’re looking for affordable MBA programs, here is a list to help you out.

1. Memorial University of Newfoundland

The majority of the school’s students are part-time, and they actually have up to 8 years to complete their degree. But this fact does not mean the college is not producing great students. This university has four campuses split across St. John’s, Grenfell, Harlow.

Accreditation: AACSB

Tuition for international students: $2,859

Duration: 1.5-2 Years

 2. University of Northern British Columbia

MSc in Business Administration offered by the school of business is designed to educate and train business professionals with advanced research skills knowledge in following specialized areas –

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

Accreditation: UArctic, ACU, AUCC, IAU, CIS, AUFSC, CBIE, CUP

Tuition for international students: $3,604

Course Duration: 2 Years

 3. University of Manitoba

Master of Science program in Finance requires completion of required courses and optional courses. The Program also requires thesis and research practicum. The research methods chosen from Econometrics courses and at least one of Microeconomics or Macroeconomics.

Accreditation: AACSB

Tuition for international students: $4,456

Duration: 2 Years

4. University of Saskatchewan

The Master of Science in Finance Program (M.Sc.) is a thesis-based program. It provides students with a theoretical background in contemporary finance issues and a strong foundation in empirical methods. It has a research-intensive nature. Especially for students who wish to pursue a Ph.D.

Accreditation: AACSB

Tuition for international students: $4,992

Duration: 2 years

 5. University of New Brunswick

The MBA/JD is a joint degree which is extremely usefully in today’s dynamic business world where laws and regulations are constantly changing and affecting the way business is conducted. While this joint degree is open to students who may not have a business degree, if students have previously completed a BBA, they may be given advanced standing towards meeting the MBA requirements.


Tuition for international students: $12,030

The Program offers two fields Organizational Behaviour and Human Resource Management, or Supply Chain Management. It provides an applicant with the stepping stone he/she needs to enter a Ph.D. program and launch own academic or research career.

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

Tuition for international students: $11,998

Duration: 12 months

7. Saint Mary’s University

The Sobey MBA is a transformative, dynamic and challenging program that equip students with the concepts and tools to be an effective leader in today’s global economy. World-class faculty, a network of high-calibre classmates and a strong connection to the business community enrich students learning experience. The program provides students with a solid academic foundation, applied learning opportunities and a variety of student-to-business events for a deeper appreciation of business.

Accreditation: AACSB

Tuition for international students: $28,655

Duration: 12 months

8. Laval University

The Program enables an applicant to acquire the tools necessary to understand the complexity and dynamics of change affecting organizations. It helps the applicant to understand the different approaches, the main concepts and the various instruments used in strategic management and have depth in the light of current trends in the economy.

Accreditation: AACSB

Tuition for international students: $15,939

Duration: 2 years

9. University of Prince Edward Island

An EMBA PROGRAM is offered by the School of Business which creates leaders who make an impact. This program offers two streams of study- one in Innovative Management and one in Biotechnology Management & Entrepreneurship. The teaching methodologies include theory-based, experimental learning and research-based methods.

Accreditation: AACSB

Tuition fee: $15,380

Duration: 20 months

10. University of Waterloo

The Master of Management Science (MMSc) is a coursework degree, which can be completed within one year on a full-time basis. In addition to modeling, economics, and organizational behavior, every student will be exposed to introductory operations research, information systems and management of technology, as these concepts are the foundations of the science of management.

Accreditation: AACSB

Tuition for international students: $18,774

Duration: 1 year

11. University of Ottawa

The program is designed to train experts who can contribute to academic excellence and influence change in society by undertaking and disseminating rigorous academic, applied and policy research in management. Students in the program may opt to complete a concentration in either innovation management or entrepreneurship.

Accreditation: ACU

Tuition for international students: $18,699

Duration: 1.5-2 years

Abbreviation Full Form
AACSB Association to Advance Collegiate Schools of Business
EQUIS European Quality Improvement System
CIPS Canada’s Association of Information Technology Professionals
 CMA Canada Certified Management Accountants of Canada



  • Akwaowo Akpan

    Hi there, welcome to Online Studying Services. As a fan of authentic information and a student, I devise this means to offer reliable information to international students wishing to either study abroad or online. Thanks for stopping by!

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