Top Scholarships to Fund Your MBA in Canada


Earning an MBA from a top Canadian business school opens doors to global leadership roles. These scholarships help cover costs to make your international education investment more accessible.


Rotman School of Management Diversity Scholarships

  • Up to $20,000 renewable awards for candidates with a diversity of gender, culture, and professional backgrounds.
  • Values perspectives enhancing classroom discussions and startup ventures.

Kellogg-Schulich MBA Exchange Program Awards

  • Funds MBA exchange semester opportunities at partner schools Harvard, Wharton, etc.
  • Develops global acumen by studying abroad and networking internationally.

Queen’s Bernard and Judy Shapiro International Scholarship

  • Covers up to 50% tuition for exemplary leaders dedicated to global citizenship.
  • Empowers positive change through involvement with nonprofit and business initiatives.

UBC Sauder School of Business Global Leadership Awards

  • Awards new international students based on inspiration, and experiences overcoming obstacles.
  • Sparks innovation through applied research and incubating ventures overseas.

Desautels Faculty of Management Merit Scholarships

  • Academic and demonstrated achievements qualify students for up to $30,000 support.
  • Accelerates the careers of ambitious scholars through prestigious credentials from McGill.

HEC Montreal International Talent Scholarship

  • Seeks driven candidates enhancing cultural diversity and French proficiency of cohorts.
  • Opens doors to business and economic diplomacy in the French-speaking world.
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Applying with an inspiring profile maximizes your eligibility for funding top-tier Canadian MBAs that open global career paths and networks.

Which Canadian business schools offer the most prestigious MBA programs?

Here are some of the most prestigious MBA programs offered by Canadian business schools:

  • Ivey Business School at Western University – Consistently ranked #1 in Canada. Known for leadership development and global placements.
  • Rotman School of Management at the University of Toronto – Strong reputation in finance, healthcare, and entrepreneurship. The top targets are Bay Street firms.
  • Desautels Faculty of Management at McGill University – Prestigious MBA with dual Canadian-US accreditation. Ideal for careers bridging the two countries.
  • Sauder School of Business at University of British Columbia – Opportunities in Asia-Pacific region. Based in beautiful Vancouver.
  • HEC Montreal – Highly reputed French-language MBA. Advantageous for careers in Quebec and Europe.
  • Smith School of Business at Queen’s University – Smaller program with tight-knit networking. Emphasis on business ethics and community leadership.
  • Schulich School of Business at York University – Global network and flexible/executive MBAs. Hedge fund placement target.
  • DeGroote School of Business at McMaster University – For healthcare sector careers. Strong co-op/internship focus.
  • Telfer School of Management at University of Ottawa – Bilingual program ideal for government and consulting careers.

These top schools provide world-class education and prestigious alumni networks to set you up for success globally.


What are the admission requirements for the MBA program at Rotman School of Management?

Here are the key admission requirements for the MBA program at the Rotman School of Management, University of Toronto:

  • Bachelor’s degree: A 4-year undergraduate degree (or equivalent) from an accredited university is required. A wide variety of majors are accepted.
  • GMAT/GRE exam: Scores from the GMAT or GRE exam taken within the last 5 years. The average scores for admitted students are GMAT 670, and GRE 320.
  • English language: A minimum TOEFL score of 100 (internet-based) or IELTS score of 7.5 is required. Canadian citizens and permanent residents are exempt.
  • Work experience: Applicants are expected to have at least 2 years of full-time work experience post-graduation.
  • Resume: Should highlight career accomplishments, achievements, and responsibilities.
  • Essays: Strong, well-written responses to the required essay questions are important.
  • Recommendations: Two professional or academic recommendation letters are required.
  • Interview: A personal interview either on-campus or via video conferencing may be required.
  • Application fee: A non-refundable fee of around CAD$250 is payable during online application submission.
  • Deadlines: The fall intake application deadline is typically late January with decisions by late March.
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Applicants must demonstrate their academic and managerial fit for the program to be considered competitive.=


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