M.B.A Financial Management at Carleton University, Ottawa Fees, Entry Requirement & Application Deadline

M.B.A from Carleton University

Ottawa, OntarioLocation
UniversitySchool type
Estd1942established year
30416enrollment
Public
Partner [12 Courses]
7.5/10

Master of Business Administration [M.B.A] (Financial Management)

2 years
Full Time
On Campus

Field of Study

CA$17,316/Yr

CA$17,316 /Yr
  • Carleton University offers an MBA in Financial Management for a duration of 2 years.
  • The Sprott MBA Financial Management concentration gives the necessary tools and concepts for those who want to excel in corporate financial management.
  • The main components of the programs are:
    • Business Case Analysis and Presentations
    • Sustainable Business Development
    • Modeling Business Decisions
  • The program consists of a coursework pathway option that offers an integrated core curriculum, complemented by doing specialization in Business Analytics.
  • The major areas of MBA program are:
    • Business Analytics
    • Financial Management
    • International Business
    • International Development Management
    • Management and Change
  • MBA core courses cover a cross-section of business disciplines to give students a foundation of integrated knowledge and skills needed to identify and solve complex management problems.
  • Sprott School of Business of Carleton University is AACSB Accredited.
  • Students need to have more than 2-years of professional work experience.
  • It delivers a high-quality management education with award-winning faculty delivering a challenging program that showcases the latest management tools and best practices, combined with real-world solutions. 
  • The student-faculty ratio of the MBA program is 27:1.
  • Sprott School of Business provides an internship program that provided placements for candidates to work with companies like Deloitte, CBC, and Maple Leaf Sports and Entertainment.
  • The MBA department provides the opportunity to the students (approx. 93%) to receive their first job offer within the 3 months of their graduation.
  • Job opportunities after MBA are Manager Consultant, Marketing Manager, Corporate Banking, etc and the average salary goes up to 73,800 USD.

Important Dates

EventApplication Date
Application Deadline For Fall Intake Mar 1, 2024

Tuition Fees

Year1st Year Fees
Tuition FeesCA$17316 (CAD 17316)

Other Expenses

HeadAvg Cost Per Year
Room(On Campus)CA$15023 (CAD 15023)
Room(Off Campus)CA$7500 (CAD 7500)

Previous Year Tuition Fees

Year1st Year Fees
2022CA$37097 (CAD 37097)
2021CA$30937 (CAD 30937)

Eligibility & Entry Requirement

Academic Eligibility:

  • Students must have a 4-year bachelor’s degree in a related field from a recognized institution.
  • The related fields include a UG degree in Marketing, Finance, Arts, Science, Government, Retail, Manufacturing.
  • GPA of at least 3.0/4.33 (B grade) which is the equivalent of 8.0/12 on Carleton’s scale is required to be eligible for the program.

Work Experience Eligibility:

Students must have 2-years of professional work experience to apply for the MBA program.

Others:

Students without related academic experience or work experience students are also encouraged to apply, given they fulfill the following requirement:

  • Students who do not possess 2-year of professional work experience must complete the Internship portion of the MBA program.
  • Two academic recommendations from professors are required unless the candidate meets the work experience criteria.

Indian Student Eligibility:

Indian students are eligible to apply if they meet one of the following eligibility criteria:

  • Completed both a Bachelor’s (3 years) degree and a Master’s degree.
  • Or, completed a Bachelor’s degree requiring 4 years of study (e.g., B.Pharm., M.B.B.S, or B.Arch).
  • Or, obtain a first-class division (75% or above, Distinction or Outstanding).
  • Or, complete 3-year UG from an institution accredited by either AACSB, EQUIS, or AMBA.

Submission of GMAT scores is compulsory for this program, however, students may submit a GRE score too instead of that.

Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test.


Scores Required

550 / 800

Avg. Score in

GMAT

6.5 / 9

Avg. Score in

IELTS

87 / 120

Avg. Score in

TOEFL

60 / 75

Avg. Score in

PTE

309 / 340

Avg. Score in

GRE updated


Required Document List

Following are the required Documents:

  • CV/Resume: Outline of academic achievements and/or awards, publications, relevant work, and/or volunteer experience.
  • Transcript: A PDF copy of all post-secondary transcripts within the application or in Carleton Central.
  • Letter of Reference: Referees (Teachers, guidance counselors, or Professors) should comment on academics and that references should submit along with the application system.
  • Statement of Intent: Explain the reasons or intentions for pursuing studies in this program, including a description of prior experience.
  • Writing Sample: Students applying for a job, internship, may be asked to provide a writing sample that allows an employer or graduate program to judge student ability to convey a written message.
  • Preference Form: It allows students to outline their preferences for the program specialization or research area.
  • MBA complement form: Students have to fill the Complement form and upload a PDF copy in Carleton Central.
  • ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Ontario Trillium Scholarship 2Scholarship per studentVariable AmountLevel Of StudyMasterTypeAwards
Ontario Graduate ScholarshipScholarship per studentCA$ 10,847/Yr$10,847Level Of StudyDoctorateTypeCollege-Specific
Deutschland Stipendium ProgramScholarship per studentCA$ 4,363/Yr$4,363Level Of StudyBachelorTypeCollege-Specific
Saryu Doshi Graduate Fellowships in Liberal Arts & SciencesScholarship per studentCA$ 4,078/Yr$4,078Level Of StudyMasterTypeMerit-Based
Australian Government Research Training ProgramScholarship per studentVariable AmountLevel Of StudyDoctorateTypeMerit-Based
Axol Science ScholarshipScholarship per studentCA$ 2,000/Yr$2,000Level Of StudyBachelorTypeCompany-Sponsored


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