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Should I pursue an MBA in Australia or Canada?
Gayathri Gopakumar

Meet Gayathri - a Content Editor at Hotcourses India- an IDP company. A once-international student herself- she loves to research & give insights into the world of global education through her writing. When she isn’t working, you'll find her playing, travelling or binge-watching just about anything.

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18 Feb 2019 25.4K Book icon 6 mins Share

Should I pursue an MBA in Australia or Canada?

An MBA in Canada or an MBA in Australia – caught in a fix? Here’s some valuable information that can help you choose one…

18 Feb 2019 25.4K Book icon 6 mins Share
Should I pursue an MBA in Australia or Canada?

For all you aspiring MBA graduates, who when given a choice to study in Canada or study in Australia, have a hard time to pick- you’re in the right place and the right hands.

So how do you go about this dilemma:

AN MBA in Australia? Or an MBA in Canada?

Is it easy to get a study visa for an MBA in Australia?  What types of jobs can MBA students in Melbourne get versus in Canada...? You shouldn’t be choosing one country over another based on your likes and dislikes; your choice should be based on proper research that you should start early on.

What questions to ask

Here are some questions you need to ask yourself when planning to study an MBA either in Canada or Australia:

  • What will the course content be? Is it going to be the same at the universities that you have shortlisted in both countries?
  • Are you taking an education loan? How are you going to repay and in how many years?
  • Are you looking at a higher ROI? If so, which country will pay you well?
  • Are you looking to study and settle in Canada? Or do you want to return home after completing your MBA?

What’s it like to study an MBA in Australia?

Entry requirements

In order to study an MBA in Australia, you might need to appear for GMAT as most universities require a decent GMAT score.

A majority of universities in Australia also ask for a 3 or 4-year long bachelor degree with a minimum score of 60%.

You may need at least three years of managerial work experience. If you don’t have any work experience, don’t lose hope.

There are universities that accept students without experience too.  

Also, you may be required to submit your English language proficiency – IELTS/TOEFL/PTE scores.

Where can you study an MBA in Australia?

Here are our currently trending universities in Australia for MBA aspirants…

  • The University of Sydney – It ranks 3rd in Australia and 59th in the world according to the Times Higher Education (THE) 2019 rankings. Its intensive MBA programme focuses on leadership and enterprise and comes with limited class sizes and industry experience through internships. It also offers dedicated career services for MBA students.   
  • La Trobe University – It is in the top 1.3% of universities in the world. Ranked 9th in Australia for graduate employability rate, La Trobe's MBA holds an accreditation from the European Foundation for Management Development (EFMD) that gives global recognition. La Trobe also has an extended MBA programme on offer. Students who have relevant work experience, but do not hold an undergraduate degree, may still apply.
  • The University of Adelaide – Ranked 135th in the world by the THE and featuring in the top 1% of the world’s universities, the University of Adelaide is the first institution to offer business and management education in Australia. With focus on industry exposure, leadership and strategic management skills, its Adelaide MBA programme was ranked the highest among South Australian universities in 2018. 
  • The University of Melbourne – Placed no.1 in Australia and 32nd in the world in 2019, the University of Melbourne’s MBA programmes are fast-paced and challenging and train students to lead and manage organisations in the real world. The university’s MBA programmes are among the top 4 in the Asia Pacific region. The university is placed 6th in the world for graduate employability.
  • The University of Queensland – Ranked 69th in the world and featuring among the top 50 universities for research work, the University of Queensland is a founding member of the Group of Eight (Go8) universities and a proud member of Universities Australia. The university’s MBA programme is ranked number 1 in the whole of Asia Pacific region and its business school has a reputation for its strong industry links and research work. Its accelerated 12-month MBA programme covers a wide variety of subjects ranging from IT for business value and business analysis to strategic analysis and leadership.

Other popular Australian universities where you can apply for an MBA include:

  • University of Technology Sydney
  • University of Wollongong
  • University of Southern Queensland
  • University of New South Wales
  • RMIT University

Visa process

To apply for an Australian study visa, you need a firm offer letter from your university, and you should submit your Original Confirmation of Enrolment (COE) letter.

Your COE should clearly state your entry level, course name, CRICOS course, course fee and the date of admission and completion of your degree.

You’ll also be required to submit photocopies or notarised copies of your original certificates.

Keep all your academic and financial documents in hand to apply for your visa. Financial documents should include your proof of fund sources and cash deposits.

You’ll need to submit your medical reports and proof that you have the Overseas Student Health Cover (OSHC) throughout your programme duration.

Scholarships

Australian universities and the Government offer plenty of scholarships and financial assistance to deserving international students. These may be based on merit, talent, need or specific to the programme you choose. Roughly the financial aid could be anywhere between AUD 2000 and 100% tuition fee waivers. These could vary vastly depending on the university you pick and what scholarships they have on offer.

Some universities offering international scholarships to help with your study in Australia:

  • University of Technology Sydney
  • University of Wollongong
  • University of New South Wales
  • Curtin University
  • The University of Western Australia
  • The University of Queensland

Living conditions

According to the OECD report, Australia ranks at the top in income and wealth, housing, jobs, health, environmental quality and civic engagement. The report shows that even in terms of employment, Australia fares good with around 72% of people having a paid job. The safety aspect looks bright as well as 95% people have asserted that they know someone who can be of help in times of their need.  And when it comes to international student numbers, Australia is the third highest.

What’s it like to study an MBA in Canada?

Entry requirements

To study an MBA in Canada, you need to appear for a GMAT exam. Some universities might also ask for at least three years of work experience.

While most universities require proof of your English language proficiency through either IELTS or TOEFL scores, few universities may demand Michigan English Language Assessment Battery (MELAB) or Canadian Academic English Language (CAEL) tests.

Where can you study an MBA in Canada?

Here are our popular MBA picks for Canada that are selling like hot pancakes with maple syrup…

  • University of Alberta – A top 5 Canadian University and a top 100 global university, the University of Alberta promotes active leadership and efficiency in its campus. Alberta School of Business offers a general MBA programme and several other course-specific MBA programmes such as MBA–MAg, MBA-MEng, MBA-JD and MBA-PharmD – to name a few.
  • Western University Ontario – Ranked 84th in the world for business and economic studies, the Western University features in the top 200 universities in the world. It is home to over 4,500 international students coming in from 121 countries. Its Ivey Business School offers an MBA programme that is ranked no.1 in Canada by Bloomberg designed to develop leadership and strategic thinking skills in students.    
  • University of Calgary – The university is ranked 9th in Canada by Times Higher Education (THE) 2019 rankings and 2nd in the country by THE Golden Age rankings. It also boasts a 91.1% graduate employability rate. The university’s MBA programme provides several options for students to customise their learning such as internships and case studies. Students will also have the option of combining the MBA programme with other course-based degrees such as Juris Doctor, Master of Public Policy, etc.  
  • University of Toronto – Ranked 21st in the world, the University of Toronto is a global leader in teaching and research. The university’s Rotman School of Management is a leading prestigious business school. Its 2 year MBA programme focuses on an innovative curriculum, a self-development lab and tailored career services which enable students to develop skills and accelerate their careers as leaders and high-value decision makers.
  • The University of British Columbia – Placed 37th in the world, the University of British Columbia is recognised as the most international university in North America. Its prestigious list of alumni includes 3 former Canadian Prime Ministers, 8 Nobel Prize winners and 71 Rhode Scholars.

Other popular Canadian universities where you can apply for an MBA include:

  • Dalhousie University
  • University of Regina
  • University of Saskatchewan
  • University of Windsor
  • McGill University

Visa process

To get a study permit for your higher studies in Canada, you need to have a clear offer letter and a passport.

You should provide enough evidence that you can support yourself financially and have money for your return transportation.

You need to be in good health condition (normally, the visa officer will inform you if you need to undergo a medical examination).

Scholarships

All prominent Canadian universities offer a variety of scholarships and financial aid to deserving students. The aid may be based on merit, talents and nationality.

Additionally, you can work part time on the university campus if you are a registered full-time student of the university. (You may have to abide by certain norms laid down by your university.) If you choose to work off-campus, you can do so for 20 hours a week.

Here are few universities offering international scholarships to help you study in Canada:

  • University of Prince Edward
  • University Canada West
  • University of Calgary
  • University of Alberta
  • Dalhousie University
  • University of Saskatchewan

Living conditions

According to the OECD report, Canada ranks above average in housing, personal security, health status, income, social connections, jobs and earnings, education and work-life balance. The Canadian job market and visa regulations are also very promising- as you may already know. You can a get working visa for up to 3 years post-graduation.

 So there you go- this is the bird’s eye-view of MBA in Canada and Australia.

Hmmm…still can’t seem to decide? Simply speak to our experts- they will help you make the right MBA pick based on your academic profile and your expectations. 

Get started now- we are literally just one click away!

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