Top 5 MBA Scholarships in Canada (2024): Apply Now

Top 5 MBA Scholarships-The cost of running an MBA program in Canada can be estimated between 40,000 and 1,50,000 CAD, which is a significant investment. International students are now eligible to apply for MBA scholarships in Canada, which is amazing news. This allows you to save money on your education in Canada.

In this article, we’ll look at the MBA scholarships available to international students in Canada, as well as how to apply. To receive financial aid for an MBA study abroad, you must demonstrate excellence.

Getting a strong GMAT score is one strategy. If you are a high achiever overall, have a strong academic record, and perform well on tests, you can apply for MBA scholarships in Canada.

Top 5 MBA Scholarships to be Aware of:

1. Ontario Graduate Scholarship Programs

It is very challenging to be awarded the Ontario Graduate Scholarship. International students who wish to pursue a master’s degree or two-year courses in Ontario can apply.

Awards:

  •     About $5,000 per semester in CA dollars.
  •     You could be eligible to receive $10,000 spread over two semesters or $15,000 spread over three.

Requirements:

Applicants must be enrolled in a two-year program at an Ontario university and have finished their previous studies with an A- or above.

2. Haskayne Entrance Donor Scholarships

Applications from overseas candidates with good GPAs and GMAT scores are welcome for the University of Calgary’s Haskayne School of Business MBA in Canada scholarship. If you are looking for an MBA scholarship in Canada for Indian students and you have strong academic standing, this is a perfect option. 

Haskayne Business School provides more MBA scholarships than just the entry scholarship for your first and second years of study.

Award:

  •      Awardees get pay ranging from CA$ 3000 to CA$ 17,000 during their term.

Requirement: 

  • A variety of criteria, including test scores, academic standing, and professional goals, are taken into consideration when awarding scholarships.

3. Alberta MBA Scholarships

There are numerous scholarships available for the Alberta School of Business’s MBA program. The previous year, around CA$1 million was put aside for MBA awards. You stand a good chance of receiving a partial or full MBA scholarship in Canada.

Depending on your performance, the Alberta School of Business will award you prizes ranging from CA$ 1000 to CA$ 10,000 throughout your studies.

Award:

  • The total value of the AIMCo Scholarship, the Michael Lang Youth Leadership MBA Award, the Claude Winspear MBA Award, and supplementary awards is around $10,000.
  •   Other incentives begin at CA$ 1,000 and increase according to your credentials.
Requirements:
  • It requires a GPA of 3.5 or higher, academic standing, a GMAT score, and relevant professional experience.

4. Rotman School of Management Scholarships

One of the best in Canada is considered to be the Rotman Business School at the University of Toronto. It is also a competition. Thus, getting into business school and receiving a scholarship are difficult but extremely rewarding!

MBA scholarships are available to Indian students at Rotman University in Canada. This is a Canadian scholarship for a fully funded MBA degree.

Some popular MBA scholarships include the Business Design Initiative (BDI) Scholarship, Entrance Awards, Joseph L. Rotman Scholarship, Rotman Family Healthcare Scholarship, and 30% Club Full-Time MBA Scholarship.

Award:

  •     Full financing and scholarships in the amount of CA$10,000 are available.
  •     Rotman offers over ten scholarships. A scholarship is a unique award. However, each comes with financial benefits.

Requirements:

  •   A GPA of 3.5 or higher, academic standing, a GMAT score, and relevant work experience are all required.

5. Sauder School of Business Scholarship

Sauder Business School in Canada offers a special set of scholarships to deserving international applicants. If you’re looking for an MBA scholarship for Indian students studying in Canada, you should consider Sauder Business School.

Due to the abundance of MBA scholarships offered to Asian and international students, you may also be able to finance your higher studies.

The Asia Top Talent Scholarships, Women in Business Leadership Scholarships, Hari Varshney MBA Entrance Scholarship, Dean’s Entrance Scholarship, and International Talent Scholarships are a few of the renowned prizes that fall under this category.

Award:

  •     Scholarships for students can be from $10,000 to $40,000.
  •     Both the Hari Varshney MBA Entrance Scholarship and the Madhu Varshney MBA Scholarship cover up to half of your tuition.

Requirements:

  •     Admission scholarships (selected based on merit).
  •     Prior business experience and leadership might be indicators of entrepreneurial skills.
  •     Achievement in school

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