Why an MBA from Canada?
Many people consider getting an MBA, but do not know where to start the process. Choosing an MBA program can be overwhelming when you are trying to determine which school to attend and which degree program to pursue. Because Canada has many options when it comes to business schools, it can make the decision even more diﬃcult, especially if you’re unfamiliar with Canadian business schools and their respective programs. By looking at what makes Canadian business schools unique and comparing them to other popular MBA programs in Europe and the United States, it will help you decide whether or not Canada might be the best place for you to attend business school.
Value for Money
The first is about value for money. To many, studying abroad for a year may be seen as a luxury, but at Laurier’s Waterloo campus, international students pay in-province tuition fees. That makes it easier to take classes while working part-time or studying another subject that has more flexible hours which is vital given most new grads have big school loans to pay oﬀ. (In fact, some Canadian schools oﬀer full or partial scholarships for international students.) All told, you can earn your degree without accruing thousands of dollars in additional debt. (Psst: if you want to stay longer than 12 months, employers often subsidize your extension.) For example, Laurier says 70 per cent of its MBA graduates obtain jobs before graduation and find median salaries of $90K right out of school. Those figures are similar to rival UBC’s MBA program ($89K) with Toronto rival Queen’s University ($80K). And yes, you read that correctly. It costs about half as much for a top quality education up north.
With academic programs like these why not study business in Canada!
Gaining Leadership Skills
There’s plenty of evidence that points to leadership as a key contributor to success in business. Having a formal education in leadership, such as an mba can give you powerful tools to grow yourself and your team.
Internationally Recognized Qualifications
Students that choose to pursue an MBA in Canada receive globally recognized qualifications. Most Canadian business schools are accredited by EQUIS, AACSB or AMBA the 3 most prominent accreditation bodies for business schools worldwide. Getting accreditation is not a trivial task and often involves tremendous amounts of eﬀort on behalf of universities. If a university doesn’t have these recognitions, it means they were unable to meet these rigorous requirements and don’t necessarily provide students with international-level training. This can be very problematic if you want to gain access to high-paying jobs at global companies. Since many foreign companies will only hire graduates from accredited programs, your education could limit your potential employment opportunities; therefore, when choosing a school consider their accreditations over other factors like tuition costs and location.
A Global Career Ready Profile
When it comes to your education, a global perspective is key. An innovative approach to management education gives you skills that will get you noticed by employers around the world. And as a student of University of Toronto’s Rotman School of Management, you have a range of opportunities to develop these skills, with real-world projects and experience spanning nations and industries. Connections made in class extend well beyond your time at Rotman and can help you develop lifelong friendships and business contacts no matter where your career takes you. A global outlook gets employers talking; students who graduate from Rotman are sought after around the world, earning positions at some of North America’s most prestigious companies—companies like Google, Microsoft, Dell and Lululemon as well as top organizations worldwide.
Job Opportunities After Completing The Program
There are many opportunities available to graduates of Master’s of Business Administration (MBA) programs in Canada. An MBA degree enables managers and professionals to be more eﬀective and eﬃcient in their work environments. The graduate can obtain a promotion, become eligible for a managerial position or specialize in a particular field such as finance, marketing or human resources. Graduates may apply for jobs at mid-sized companies, government agencies or large multinational corporations. In addition to developing professional skills, students acquire valuable knowledge about international business through exchange programs oﬀered by many Canadian schools and gain exposure to cultures around the world through global travel initiatives incorporated into some study plans. Those who seek high-level management positions after graduating may also choose to complete doctoral level degrees; however these are considered less essential than advanced undergraduate degrees like law degrees.