Masters in Business Analytics in Canada is a one-two year program available as MBAN (masters in Business Analytics), MS in Business Analytics and an MBA with a specialization in Business Analytics. The average tuition fee of MS in Business Analytics in Canadian Colleges is around 20,000 to 50,000 CAD (36.81 Lakhs INR)
To secure admission in MS in Business Analytics in Canada, international applicants need a GPA of 3.0 (83-86%) and a GMAT score of 600 or above for top universities. The course focuses at intersecting technology and Business, providing analytical insights that help in achieving Business goals. Business Analytics courses in Canada open a wide range of job opportunities for its graduates. A postgraduate in Business Analytics from Canada can earn around 42.52 lakhs to 60.74 Lakhs INR/year.
Highlights
| Program | MS in Business Analytics |
| Duration | 1 - 2 year |
| Average Tuition Fee | 20,000 to 50,000 CAD (12.14 lakhs - 30.37 lakhs INR) |
| Top Universities | University of British Columbia York University University of Alberta Western University Carleton University |
| Top Recruiters | Deloitte, Amazon, Accenture KPMG, PWC CIBC, Air Canada, PWC, Oliver Wyman |
| Top Job Profile | Business Analyst Data Analyst Market Research Analyst Management Analyst Business Data Analyst Financial Analyst |
| Average Salary per annum | 81,000 CAD (48.74 lakhs INR)/year |
Top Universities Offering Masters in Business Analytics in Canada
Masters in Business Analytics are available in some top-ranking Canadian universities and Business colleges. International applicants are suggested to apply for the fall term for most of the universities. Application deadlines for MS in Business Analytics in Canada are discussed: :
| University/College | Program | Admission Deadlines |
|---|---|---|
| UBC Sauder School of Business | Masters of Science in Business Analytics | Round 3: March 14, 2023 Final Round: April 25, 2023 |
| York Schulich School of Business | Masters of Business Analytics | November 25, 2022 (closed) |
| University of Alberta | MBA Business Analytics | Fall 2023: April 1, 2023 Winter 2023: September 1, 2023 |
| Western Ivey Business School | MS in Management Business Analytics | Round 4: March 7, 2023 |
| HEC University | MS in Data Science and Business Analytics | MS in Management - Data Science and Business Analytics | Round 3: March 1, 2023 Round 4: April 19, 2023 |
| McMaster DeGroote School of Business | MBA Business Analytics | Round 3: February 28, 2023 |
| Carleton University | MS Business Analytics (collaborative masters) | Fall: March 1, 2023 |
To know more about Business Analytics Colleges in Canada, Click here!
Why Pursue Masters in Business Analytics in Canada
Some of the main reasons to pursue Masters in Business Analytics in Canada are listed below,
- Around 8 Canadian Universities offer Masters in Business Analytics of which three are in the world’s top 100, according to QS World Universities Ranking, 2022.
- According to the Bureau of Labor Statistics, the number of jobs related to Business Analytics will observe a steep rise of around 110,000 by 2026.
- Numerous job opportunities can be availed post completing MBAN, with an average starting salary of 23 lakhs INR per annum
- According to the GMAC survey 2018, 71% of employers plan on hiring Business school graduates for analytical roles. 52% of these hired applicants are required to have MBAN or a similar degree.
Planning to study in Canada? Here is the step-by-step Guide to study in Canada
MS in Business Analytics Course Description
Masters in Business Analytics is a one-two year program available to graduates of Computer Science, Data Analytics, or students with a background in statistical mathematics. The core subjects offered include Big Data Analytics, Predictive Modelling, Supply Chain Analytics, Data Visualisation, Energy Analytics, and Programming for Analytics. Customer Analytics, Operations Analytics, People Analytics, and Accounting Analytics are other specializations available within the MBA program.
Masters in Business Analytics in Canada Admission Process
International applicants who wish to study in Canada are required to fulfil some general criteria for admissions. However, the admissions process in master’s programs in Canada varies from institution to institution. The details of the admissions process are briefed in the sections below:
Admission Requirements in Canada for MS in Business Analytics:
The general eligibility criteria for admission in Business Analytics courses in Canada are given below:
- Candidates should have a bachelor's degree, preferably a 4 year degree with mandatory subjects like Statistics, Algebra and Calculus
- Hands-on experience in Computer Programming and Data Analytics.
- GRE / GMAT score along with other English proficiency tests such as TOEFL, IELTS, PTE etc
- GPA of 3.0 on a scale of 4.0, suggesting the percentage score should be within 76-81% and letter grade as B or above.
Documents Required for MS in Business Analytics in Canada:
Applicants for master’s programs are required to submit various documents along with their application. The details for the documents required for admission in Masters in Business Analytics in Canada are listed below:
- Transcripts: Certificates, mark sheets, and other documents from previous institutions must be submitted. Some universities ask applicants to submit original transcripts. However, some universities ask applicants to submit certified original copies of the transcripts.
- Letter of Recommendation
- Resume/CV
- Statement of intent
- Personal essays
- English Language Proficiency Score
- IELTS: 7.0
- TOEFL iBT: 100
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Masters in Business Analytics in Canada Costs
International applicants planning to study in Canada are required to have minimum funds for supporting their studies for the first year. The costs of studying for international students can be widely distributed into three categories. These are pre-arrival costs, cost of study, and cost of living. The cost of studying or the tuition fee Masters in Business Analytics in Canada varies among different universities.
Tuition Fees of MS in Business Analytics in Canada
Tuition fees for pursuing Masters in Business Analytics from top Canadian universities are listed below:
| University | Program Fee (CAD) (approx) | Program Fee (INR) |
|---|---|---|
| UBC Sauder School of Business | 62,658 | 38.06 lakhs |
| York Schulich School of Business | 84,100 | 51.09 lakhs |
| University of Alberta | 54,000 | 32.9 lakhs |
| Western Ivey Business School | 51,600 | 31.34 lakhs |
| HEC University | 34,100 | 20.71 lakhs |
| Carleton University | 31,117 | 18.90 lakhs |
| Desautels Faculty of Management | 57,600 | 34.99 lakhs |
| DeGroote School of Business | 20,662 | 12.55 lakhs |
NOTE: Applicants must ensure that they visit the official tuition fees pages for the program and university they opt for.
Cost of Living in Canada
International students in Canada spend a large sum of amount while studying on expenses other than tuition. The expenses include the cost of living in Canada, books & materials, transportation, etc. The table given below suggests an average of minimum expenses required for studying in that specific university:
| University | Minimum Cost of Living (CAD) | Minimum Cost of Living (INR) |
|---|---|---|
| University of British Columbia | 17,287 | 10.47 lakhs |
| University of Alberta | 20,417 | 12.36 lakhs |
| Carleton University | 8,235 - 13,748 | 4.98 lakhs - 8.32 lakhs |
| York University | 10,345 | 6.26 lakhs |
| Western Ivey Business School | 20,417 | 12.36 lakhs |
| HEC Montreal | 6,805 | 4.12 lakhs |
| McGill University | 9,528 | 5.77 lakhs |
| McMaster University | 10,889 | 6.59 lakhs |
Masters in Business Analytics in Canada Scholarships
International applicants enrolled in MBAN and MBA with Business Analytics specialisations are offered various scholarships. The amount of scholarship awards varies from
| University | Scholarship | Amount Offered (CAD) (Approx) |
|---|---|---|
| University of British Columbia | Asia Top Talent Scholarship International Talent Scholarship | 5,000 - 10,200 |
| University of Alberta* | No specific scholarships available. | NA |
| Carleton University | Merit Scholarships | 1000 - 12,300 |
| York Schulich School of Business | Merit-based Entrance Award and International Student Award | Variable |
| Western Ivey Business School | Merit-based Awards | 20,500 |
| HEC Montreal | Entrance Scholarship | Varies |
| McGill University | Various Entrance Scholarships are available Scotiabank Fellowship | 5,000 - 10,200 |
| McMaster University | Provost Entrance Scholarship The Woo Family International Entrance Scholarship | 7,722 - 3,130 |
Worried about the expenses to Study in Canada? Watch the video below and know about top scholarships for Indian students
Masters in Business Analytics in Canada Jobs
International applicants can work in Canada on a Canadian Work Permit. Some of the careers one can land in with MS in Business Analytics in Canada are listed below along with the median salaries offered. Some of the popular companies that hire students with a Masters in Business Analytics degree are Deloitte, CIBC, Air Canada, KPMG, etc.
| Job Profile | Median Salary (CAD/year) | Median Salary (INR/year) |
|---|---|---|
| Senior Data Scientist | 86,827 | 52.6 lakhs |
| Data Scientist | 86,350 | 52.31 lakhs |
| Business System Analyst | 86,067 | 52.14 lakhs |
| Business Analyst | 71,257 | 43.16 lakhs |
| Information Technology Consultant | 65,640 | 39.76 lakhs |
| Business Intelligence Analyst | 57,923 | 35.09 lakhs |
| Analytics Analyst | 52,440 | 31.76 lakhs |
Masters in Business Analytics: Comparison By College
Comparison of universities in Canada offering Masters in Business Analytics on the basis admission requirements:
| University | Application | GPA Required | GMAT/GRE | ELP Requirements | Work Experience |
|---|---|---|---|---|---|
| York Schulich School of Business | 150 CAD | Letter grade B+ | GMAT: 680 | IELTS: 7.0 | TOEFL: 100 | Work Experience recommended |
| University of Alberta | 135 CAD | 3.0 on the scale of 4.0 or 60% in Bachelor’s | GMAT: 550 | GRE: 50th percentile | IELTS: 7.0 | TOEFL: 100 | 5 years of work experience |
| HEC University | 310.63 CAD | An overall average of 80% | GMAT: 600 | TAGE MAGE: 300 | French language Proficiency TEF/TCF- B2 to C1 level | Not Required |
| Carleton University | 110 CAD | Not Specified | GMAT: 550 or equivalent GRE score | IELTS: 6.5 | TOEFL: 86 | 2-year work experience |
| McMaster DeGroote School of Business | 150 CAD | A GPA of 8.0 on the scale of 12 | GMAT: 600 | IELTS: 7.0 | TOEFL: 100 | Required |
Masters in Business Analytics: Country Comparison
| Parameters | Masters in Business Analytics in Canada | Masters in Business Analytics in USA |
|---|---|---|
| Duration | 1-2 years | 1-2 years |
| Average tuition fees | 20,000 to 50,000 CAD | 35,000 to 60,000 USD |
| Annual Cost of living | 10,000 to 15,000 CAD | 12,000 to 18,000 USD |
| Annual Average Salary | 70,000 to 80,000 CAD | 80,000 to 120,000 USD |
| Financial Support | Scholarships, bursaries, work opportunities | Scholarships, bursaries, work opportunities, assistantships |
| Visa | Study permit | F-1 or J-1 visa |
| Top Specialisations | Data mining, machine learning, deep learning, computer vision, natural language processing | Business intelligence, data visualization, data warehousing, predictive analytics, decision support systems |
| Scores of Exams accepted | GRE, TOEFL, IELTS | GRE, TOEFL, IELTS |
| Scores of English language proficiency tests | Minimum 6.5 bands in IELTS, minimum 90 in TOEFL | Minimum 6.5 bands in IELTS, minimum 90 in TOEFL |
Also Check: MS in Business Analytics in USA
Masters in Business Analytics in Canada is a program gaining huge traction because of the increasing popularity of big data-related jobs. A rise in the number of applications received and applicants offered admissions is observed for popular universities like UBC.
With a postgraduate degree in Business Analytics students can land jobs in fields like financial services, retail, media, travel, healthcare, etc. With cushy median salaries of 50,000-70,000 USD at an entry level, MS in Business Analytics becomes a program of interest for students with a statistical mathematics background.
FAQs
Ques- What are some of the top universities in Canada to study Masters in Business Analytics?
Ans- Masters in Business Analytics in Canada is offered by some top ranking Canadian universities, like UBC Sauder School of Business, McGill University, McMaster University, York University, and others.
Ques- What is the cost of pursuing MS in Business Analytics in Canada for an Indian student?
Ans- The cost of studying MS in Business Analytics in Canada is around 9,00,000 to 10,00,000 INR.
Ques- How can I study MS In Business Analytics in Canada?
Ans- For studying MS Business Analytics, international applicants are required to fulfill all preliminary requirements. These include 4 years UG degree with B grade, taking standardized tests like GRE/GMAT, and submitting English language test scores- IELTS/TOEFL.
Ques- What are the minimum language proficiency scores required for admissions in MS in Business Analytics?
Ans- International applicants are required to have a minimum score of 7.0 on the IELTS and 100 on TOEFL.
Ques- What is the scope of Business Analytics in Canada?
Ans- Business Analytics is a rapidly growing field offering great opportunities to postgraduates from the same field. International students can work in sectors like market research analyst, management analyst, Business analyst, financial analyst, etc.
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