MBA in Marketing in Canada is a full time 2 year specialized graduate degree program. Prospective students need an undergraduate degree in a related field with a GPA of 3.0 or above out of 4.0 for admission to the program. The average tuition fee for MBA in Marketing in Canada ranges between 83,250 to 112,250 CAD (50.33 to 67.86 lakhs INR). It is comparatively more affordable than the MBA tuition fees in various other countries.
Check Out: Top MBA in Marketing Universities in Canada
Marketing as a sector is rapidly expanding in Canada, with more job openings in major Canadian cities and growing market demand. MBA Marketing graduates reportedly earn an average salary of 76,000 CAD per year (45.94 lakhs INR). Top employers welcoming MBA in Marketing graduates in Canada includes Google, IBM, Deloitte, Morgan Stanley, Amazon, Siemens, and RBC Bank among others.
Explore: High-paying jobs in Canada!
MBA in Marketing in Canada: Course Highlights
| Course Type | Full Time |
| Course Duration | 2 years |
| Admission Sessions | Fall, Winter |
| Admission Requirements | 3 or 4 year bachelor’s degree or equivalent |
| GPA | 3.0 or above out of 4.0 (83-86%) |
| Standardized Entrance Exams | GMAT score of 550+ |
| Professional Experience | 2 or more years |
| English Proficiency Requirements | IELTS score of 6.5 to 7.0 |
| Tuition Fee Range | 83,250 to 112,250 CAD (50.33 to 67.86 lakhs INR) |
| Average Graduate Salary | 76,000 CAD per year (45.94 lakhs INR) |
| Top Employers | Google, IBM, Deloitte, Morgan Stanley, Amazon, Siemens, and RBC Bank |
Top Universities for MBA in Marketing in Canada
According to the QS MBA rankings 2022, six Canadian business schools and institutions make the top 100 list. In total, 21 MBA programs from Canada were ranked among the top 200 in the world for Global MBA. Some of the top-ranking MBA Marketing Colleges in Canada are mentioned below.
| University | QS Global MBA Rankings 2022 | Program | Application Deadline | Annual Tuition Fees (CAD) |
|---|---|---|---|---|
| McGill University | #74 | MBA in Mnagement – Marketing | January 31, 2023 | 99,500 |
| York University | #81 | MBA in Marketing | Round 3: April 12, 2023 | Round 4: June 14, 2023 | 112,250 |
| Western University | #72 | MBA in Global Marketing | Round 1: January 30, 2023 | Round 2: April 17, 2023 | Round 3: July 10, 2023 | Round 4: September 18, 2023 (International deadline) | 83,250 |
| Queen's University | #64 | MBA in Marketing and Sales | September 1, 2022 (Closed) | 105,100 |
| University of Calgary | #242 | MBA in Marketing | June 1, 2023 | 50,634 |
Why Study MBA in Marketing in Canada?
- Employment Opportunities: Marketing in Canada is rapidly growing in terms of sectors and job availability. During the period of 2019 - 2028, job vacancies are projected to witness a rapid increase in the Canadian marketing sector while around 19,900 job seekers will enter the job market.
Explore: MBA Marketing Jobs in Canada - Simpler Visa & Immigration Process: Immigration-friendly policies and a faster visa process for Indian students are added advantages for MBA in Marketing aspirants.
Also Check: Canada Student Visa - Affordable Cost of Living: Canada offers comparatively affordable tuition fees for MBA courses than UK and USA. Living cost in Canada is around 10-12 lakhs per year which is more economical compared to other nations.
- Post Graduation Work Permit: The Post Graduation Work Permit (PGWP) helps the students get invaluable professional experience in the country. With average course tenures of 1-2 years, one may expect work permits up to 3 years.
MBA in Marketing in Canada: Admissions
Prospective international applicants pursuing an MBA in Marketing in Canada must ensure that they meet the degree's basic criteria. Candidates must be aware of the fundamental application process and eligibility requirements of the top MBA Colleges in Canada for Marketing.
Some of the things that international students must be aware of while applying for an MBA in Canada are listed below.
- Online Application: University application portal, OUAC/ApplyAlberta, etc.
- Application Fee: 125 - 150 CAD (9,940 - 11,928 INR).
- Documents Required:
- Transcripts of high school and college/university
- Recent and Updated CV with details about work experience if any
- Letters of Recommendation (at least 3 academic and professional LORs)
- Statement of Intent or Research which must include the research topics and experience in the same
- Test Score of either GRE or GMAT is also required for admission to the MBA Marketing Colleges in Canada
- English Language Proficiency
- IELTS: 6.5 - 7
Check Here: SOP for MBA in Canada
MBA in Marketing in Canada Admission Requirements
The following table shows the admission requirements for MBA in Marketing in Canada across some of the top universities:
| University | Business School | Degree Requirements | Minimum GMAT Score | Minimum IELTS Score |
|---|---|---|---|---|
| York University | Schulich School of Business | Undergraduate degree with B average | 550 | 7.0 |
| Brock University | Goodman School of Business | 4 year bachelor’s degree or equivalent | 550 | 7.5 |
| McGill University | Desautels Faculty of Management | Undergraduate degree or equivalent | 675 | 6.5 |
| Western University | Richard Ivey School of Business | Undergraduate degree with unofficial transcripts | 710 | 6.5 |
| Queen's University | The Stephen J.R. Smith School of Business | Undergraduate degree with B+ average (Roughly 75%) | 650 | 7.0 |
| University of Calgary | Haskayne School of Business | Undergraduate degree with a GPA of 3.0 out of 4.0 (83-86%) | 550 | 6.5 |
| University of Manitoba | Asper School of Business | 3 Year bachelor’s degree with a 3.0 GPA | 550 | 6.5 |
MBA in Marketing in Canada Without GMAT
MBA in Canada can be extremely competitive but there is a way to prove to get admission without giving the GMAT exam. MBA in Canada without GMAT is achievable if the applicant meets the rest of the entrance standards, which include IELTS scores, a strong MBA essay, and an interview, among other things.
The following are the primary requirements for an MBA in Canada without taking the GMAT:
- GPA of 3.0 or above in the bachelor’s degree
- Work experience of a minimum of 2 years
- A minimum of 2-3 LORs from professional and academic references
- A detailed CV/Resume for MBA in marketing in Canada: Work-Experience Required
Also Check: Tips on Writing an Effective Resume
MBA in Marketing in Canada Tuition Fee
The cost of studying or the tuition fee MBA in Marketing in Canada varies from 12 to 63 lakhs INR. University of Manitoba MBA program costs the least about 12.6 lakhs INR per year. Queen’s University charges the most with 62.8 lakhs INR per year for MBA programs.
| University | Annual Tuition Fees (CAD) | Equivalent Tuition Fees (INR) |
|---|---|---|
| McGill University | 99,500 | 60.15 lakhs |
| York University | 112,250 | 67.86 lakhs |
| Western University | 83,250 | 50.33 lakhs |
| Queen's University | 105,100 | 63.54 lakhs |
Cost of Living in Canada
The cost of accommodation, books & materials, transport, food & beverages, etc make up the cost of living for an international student. The cost of living in Canada may vary slightly depending upon the university and city the international student is living in. Basic living expenses are as follows:
| Type of Expense | Cost Per Year (INR) |
|---|---|
| Books & Material | 1.19 lakhs |
| Food & Beverage | 3.98 lakhs |
| Accommodations | 7.95 lakhs |
| Other Related Expenses | 1.56 lakhs |
| Clothing | 0.38 lakhs |
| Utilities | 3.82 lakhs |
| Entertainment | 1.53 lakhs |
MBA in Marketing in Canada Scholarships
Considering the expense of study for an international student is quite expensive, international students can explore various scholarships to study in Canada. Some of the most popular MBA scholarships in Canada are listed below:
| Scholarship | Offered by | Amount (CAD) |
|---|---|---|
| MBA Entrance Scholarship | Haskayne School of Business | Up to 20,000 CAD |
| Scotiabank Scholarships | Schulich School of Business | Up to 20,000 CAD |
| MBA Admission Award | DeGroote School of Business | Up to 30,000 CAD |
| MBA in-course & Entrance Scholarship | DeGroote School of Business | Up to 10,000 CAD |
MBA in Marketing in Canada Placements
The initially estimated salary after graduating with an MBA in Marketing in Canada is 51.69 lakhs, which is likely return one’s business school investment in around 2.6 years. One of the B-schools with the highest return on investment is York University with an average salary and bonus of 141.55 lakhs The following table lists the popular jobs available for MBA marketing graduates in Canada:
| Post Name | Expected Growth Rate | Average Starting Salary (in INR) |
|---|---|---|
| Brand Management | 12.98% | 56.68 lakhs |
| Product Management | 14% | 78.37 lakhs |
| Digital Marketing Managers | 24% | 86.18 lakhs |
| Media Management | 33% | 53.56 lakhs |
| Advertising | 15.3% | 79.90 lakhs |
Also Explore: High Demand Jobs in Canada, here:
MBA in Marketing vs MS in Marketing in Canada
The decision between an MBA and a Master's Degree in Marketing is based on the professional goals and career objectives of a candidate. Marketing and advertising are essential to revenue growth and expansion for businesses of all sizes.
One of the trademarks of an MBA degree is the development of cross-functional leadership skills, whereas the MS in Marketing concentrates on deep, practical marketing skills. Mentioned below are the major differences between both degrees:
| Factors | Marketing MBA | MSc in Marketing |
|---|---|---|
| Basic difference | Specialization of MBA | Full-time research-based degree |
| Duration | 1 year (after 1 year of MBA) | 2 years (if full-time) and 4 years (if part-time) |
| Focuses on | Advertising, branding, market research, global/online/digital marketing. | Designing marketing research, marketing theory, consumer behaviour, research design, etc. |
| Expected starting salaries | 24.45 lakhs to 42.79 lakhs per annum | 29.42 lakhs to 62.03 lakhs per annum |
| Job Profiles | Brand Manager, Operations Manager, Marketing Channel Strategies, etc. | Market Analyst, Marketing Director, Marketing Manager, Sales Manager, etc. |
Marketing as a sector is constantly developing in Canada, with more job openings in major Canadian cities and increasing market demand. Professionals in branding, advertising, digital marketing, and marketing communications are finding greater work in a variety of industries. Marketing MBA graduates can also find work in a variety of government agencies and administrative positions in Canada.
FAQs
Ques. Is it worth studying MBA in Marketing in Canada?
Ans. Yes. Canada is a country experiencing a rapid expansion in the field of Marketing and Advertisement. This is directly leading to the increase in job openings for MBA in Marketing graduates. With world class academic facilities and growing market demand, Canada is currently one of the best places to study MBA in Marketing.
Ques. Which university is best for MBA in Marketing in Canada?
Ans. The top universities offering MBA in Marketing in Canada includes the following:
- McGill University
- York University
- Western University
- Queen’ University
- University of Calgary
- University of Manitoba.
Ques. How much is the cost of MBA in Marketing in Canada?
Ans. The tuition fee for MBA in Marketing in the top universities in Canada ranges between 83,250 to 112,250 CAD (50.33 to 67.86 lakhs INR). Besides, students should also consider an average cost of living of around 2,500 CAD per month (1.51 lakhs INR).
Ques. Which city is best for Marketing jobs in Canada?
Ans. Montreal, Toronto and Ottawa are some of the highest paying cities for MBA in Marketing graduates in Canada. Students in Montreal secure an average salary of 151,000 CAD (91.29 lakhs INR), The average mid career salary in Toronto is 150,000 CAD (90.68 lakhs INR).
Ques. Who are the top recruiters of MBA Marketing graduates in Canada?
Ans. Some of the top companies welcoming MBA in Marketing graduates in Canada are Amazon, Google, Deloitte, Morgan Stanley, Siemens, IBM, and RBC Bank.
Ques. What is the average salary after MBA in Marketing in Canada?
Ans. The average salary of MBA in Marketing graduates in Canada is reportedly 76,000 CAD per year (45.94 lakhs INR). Graduates often earn up to 160,000 CAD per annum (96.73 lakhs INR) or above in different point of their career after graduating with MBA in Marketing.
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