Top 10 Masters in Management Programs in Canada
Canada is an increasingly popular destination for graduate business school students, with a 7.7 percent growth in application volume reported by the Graduate Management Admission Council last year. GMAC puts on the business school entrance test, the GMAT.
The demand is led by overseas students, who are attracted by Canada’s relatively liberal visa rules and perception as a welcoming place for people of different nationalities and cultures. Those doing two-year degrees can work for three years after graduation on a student visa — enough time to apply for permanent residency and take advantage of the buoyant jobs market amid a stable economy.
Business schools have been helped by a Canadian government push to get more overseas students into the country’s universities. Extra federal funding has been allocated to attract international students to Canada. The government sees them as important to the country’s economy because the domestic population is ageing.
Job prospects are bright with a number of home-grown companies hiring aggressively at business schools, such as Scotiabank. Meanwhile, foreign firms are muscling into the Canadian market, notably Amazon which has already created 10,000 jobs in Canada and plans to add 6,000 more.
So there is a confluence of reasons to pursue a Master’s of Management degree in Canada — a rising force in business education.
The Master of Management at UBC Sauder is good value for money thanks to its relatively short nine-month duration, which keeps the opportunity cost of not working low. The program is also incredibly diverse because it’s made for non-business undergraduate majors – from math to music. A diverse range of perspectives enriches learning through group discussion in the classroom. What’s more, the course is ranked highly by the Financial Times.
View School ProfileThe MSc in Management at Queen’s University School of Business is a 12-month research program that sets students on a path to earning a PhD or working in a consulting career. Candidates work with leading faculty to build a conceptual foundation in their chosen field. They select from nine areas of specialization, including accounting, analytics, economics, finance and organizational behavior.
View School ProfileThe Telfer School of Business in Ottawa, Ontario, runs the Master of Science in Management program. The course focuses on innovation management, finance and entrepreneurship. There’s also a specialization in environmental sustainability. The Ottawa location, the capital city of a G7 country, is an advantage. There’s easy access to prominent businesspeople, political and government decision-makers for jobs and learning opportunities.
View School ProfileStudents on the MSc in International Business at HEC Montréal in the eponymous French-speaking city put academic theory into practice. They can spend a few weeks in one of eight selected countries, meeting with company managers to learn about doing business abroad. There’s also the Global Business Forum, a series of conferences and networking events themed around doing business in emerging economies like Russia, Africa and Latin America.
View School ProfileThe Desautels Faculty of Management at McGill University in Montreal puts on a Master of Management in Finance program and a Master of Management in Analytics course. Both are for pre-experience candidates. The location is a perk, being the fourth best city in North America for quality of life. Its’s also rated as the best student city in North America and is a global artificial intelligence hub.
View School ProfileThe Ivey Business School runs a Master of Science in Management with streams in business analytics, digital management or international business. The 16-month programs start in either January or September each year. Ivey is built around a culture of support and has one of the most prestigious alumni networks in Canada. Approximately 94 percent of those seeking a job received an offer within three months of finishing the business analytics stream. The average salary was impressive: $64,879.
View School ProfileSchulich School of Business runs a 12-month Master of Management that is designed for non-business undergraduate majors. The curriculum is highly experiential (practical), culminating with a consulting project where students collaboratively develop recommendations for a client organization. Career prospects are bright, with students working for such renowned companies as Walmart, Amazon, Scotiabank and IBM.
View School ProfileThe Ted Rogers School of Management at Ryerson University has a Master of Science in Management. The AACSB-accredited business school focuses on entrepreneurship. But the program is research-based. Students gain qualitative and quantitative research skills across management disciplines, setting them up for research careers in industry or academia.
View School ProfileThe Master of Science in Management course at John Molson School of Business is also research based. The program focuses on human resources and strategic management. Students gain skills in the tools and methods used to conduct advance research that can lead to analyst jobs or consultancy gigs. In addition, it serves as an excellent steppingstone to a PhD.
View School ProfileFor those looking for an academic career, the Goodman School’s two-year long Master of Science in Management program may be a good choice. This program is designed to help graduates transition into a PhD program or a research-oriented career. As such, the program includes a year-long thesis component, where students will develop a research topic of their choosing. Students also have the opportunity to pursue a specialization during the program, in topics such as Accounting, Organization Studies, and Finance, among others.
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