script
One-stop shop for Indian students interested in overseas education Enroll at one of our trusted Uni partners from Australia, US, UK and other countries Call us free on
1 800 103 2581
Should I pursue an MBA in the USA or an MBA in 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.

Close

11 Jan 2019 420 Book icon 2 mins Share

Should I pursue an MBA in the USA or an MBA in Canada?

This article lists the benefits of studying MBA in the USA and MBA in Canada.

11 Jan 2019 420 Book icon 2 mins Share
Should I pursue an MBA in the USA or an MBA in Canada?

So let me guess. You are here because - you are not sure if you should pick MBA in the USA or MBA in Canada? (Stating the obvious much are we?)

Here is where we think you might be stuck.

  • Both the countries have reputed universities.
  • Both the countries have a booming economy.
  • Both the countries offer world class teaching facilities and both require GMAT/GRE.

Hmmm….* scratches head* with so many similar factors, how do you choose ONE?   We’ll educate you how to. Just stay with us. It will hit you we promise.

USA

Dream universities

America’s first business school, Wharton School  materialised in the year 1881, while graduate business schools in rest of the countries didn’t exist until half-a-century later. That’s a remarkable head start for the pioneering country, which now houses 51 of the top-ranked 100 business schools in the world (according to Financial Times’ MBA Rankings 2017).

With centuries of experience, it’s no surprise that the USA boasts highest quality education among business schools. Right from Harvard, University of Chicago (Booth) and University of Pennsylvania (Wharton) to Massachusetts, Yale and Stanford, you’ll have plenty of leading business schools to choose from.  

Scholarships everywhere!

Pursuing MBA in the USA means investing big money. But thanks to several generous scholarships and grants, Indian students can benefit from partial or even full financial aid. Business schools like Chicago Booth, Yale, MIT Sloan and Columbia offer multiple scholarships to Indian students based on merit, talents and nationality.

In fact, about 50% in Harvard and 70% of international students in Haas (University of California, Berkley) benefit from some sort of financial aid.

Additionally Indian students can also avail monetary benefits from organisations like US-India Educational Foundation and Asian Women in Business. 

See, it’s not hard to fund your MBA in the USA, with so many options.

Get ready to be hired!

Once you finish your MBA programme in America, you’re allowed to work there for one year. With an economy as big as the USA, the job market is massive across all fields (especially IT) for MBA graduates.

Almost all of the corporate giants - be it product-based companies like Facebook, Apple, Google, Microsoft or consultancy companies like McKinsey and Boston Consulting Group – are based in the USA.

Many of these big companies hire MBA graduates from reputed universities. You can also build network and contacts with employers via internships and boost your employability.  

Here are a few top B-schools to study MBA in the USA:

  • Stanford University
  • Massachusetts Institute of Technology (SLOAN)
  • Harvard University
  • Yale University
  • University of Chicago (Booth School)
  • University of Pennsylvania (Wharton School)

Canada

You’re welcome to stay back!

When it comes to work permits, Canada has the most liberal visa schemes for postgraduates. Its Post- Graduation Work Permit (PGWP) allows postgraduate students to work for up to 3 years after graduation. Canada is also one of the rare countries that don’t ask for an employer’s sponsorship. What’s more? You aren’t required to strictly stick to your areas of study while looking out for a job!

Such relaxed visa schemes coupled with a growing economy is a boon to Indian students looking for permanent residence permit in Canada!

Easy on the pocket

When compared to other countries, the tuition fee in Canada is quite reasonable. The average tuition fee of CAD 15,000 to CAD 35,000 per year and may vary with the university.

Freshers can apply too

You generally require to have completed a bachelors degree along with 2-3 years of work experience in order to apply for an MBA programme in Canada. However, if you’re lacking work experience, worry not. Institutions such as New York Institute of Technology and Thomson Rivers do not insist on work experience for MBA programmes.

Alternatively, you could opt for pathway programmes to MBA offered by Brock University.

Here are a few of the top-ranked universities offering MBA programmes in Canada:

  • The University of British Columbia
  • University of Toronto
  • McGill University
  • Western University
  • University of Alberta

Know more about the top universities to study MBA in Canada.

Now that we’ve highlighted the benefits of studying MBA in Canada and in the USA, have you picked which one you want to opt for yet?  What is your GMAT score? What other expectations do you have?

Drop us a line right now in our chat feature below and we will help you decide.

Need help choosing a country to study?

Shailza Saxena Shailza Saxena,
IDP Expert
We can help you find a right country to study. Get in touch with us to get FREE advice!