Thinking about studying for an MBA in Canada? Smart move! Canada offers some of the world’s top business schools, great post-study work opportunities and a clear pathway to Permanent Residency (PR). As a Ghanaian student, you’ll study in diverse classrooms, connect with global leaders and gain real-world experience across industries such as finance in Toronto or tech in Vancouver. This guide breaks down everything you need to know, from universities and admission requirements to scholarships, costs, and career opportunities after graduation.
Here are a few reasons why thousands of international students, including many Ghanaians, choose Canada for their MBA:
World-class universities: Institutions such as the University of Toronto’s Rotman School of Management, McGill University’s Desautels Faculty of Management and UBC’s Sauder School of Business rank among the world’s top business schools.
Global recognition: A Canadian MBA degree is respected worldwide and opens doors to international career opportunities.
Post-study work options: With a Post-Graduation Work Permit (PGWP), you can stay in Canada to gain valuable work experience after graduation.
Immigration pathway: Many Ghanaian graduates successfully transition to Permanent Residency (PR) through Canada’s various immigration programs.
Multicultural learning environment: Canada’s diverse, inclusive and student-friendly environment makes it easier for Ghanaians to adapt and feel at home.
Here’s a quick look at some of the top MBA programs in Canada you should explore, according to the QS Global MBA Rankings:
University Name | Business School | Program Highlights | QS Global MBA Ranking |
Rotman School of Management | Strong focus on leadership, finance and consulting. | 1 | |
Desautels Faculty of Management | Known for international exposure and research-driven curriculum. | 2 | |
Ivey Business School | Famous for its case-based learning methods. | 3 | |
Schulich School of Business | Wide range of MBA specialisations. | 4 | |
Sauder School of Business | Excellent for global business and entrepreneurship. | 5 | |
Alberta School of Business | Strong alumni network and leadership-focused MBA. | =6 |
While each university may differ slightly, Ghanaian students applying to top MBA programs in Canada are usually expected to meet a mix of academic and professional criteria. These ensure you can handle the rigour of the program and actively contribute in class.
Common requirements include:
A recognised bachelor’s degree from a reputable institution.
GMAT or GRE scores (minimum requirements vary by university).
English language proficiency tests, such as the IELTS, TOEFL, or PTE.
Work experience (2–5 years preferred by most top schools).
A strong Statement of Purpose (SOP) and Letters of Recommendation.
An updated resume/CV highlighting academic and professional achievements.
Applying for an MBA in Canada may seem overwhelming at first, but breaking it into steps makes the process clearer:
Research your options: Shortlist universities that match your career goals, budget and preferred specialisation.
Prepare for tests: Take the GMAT/GRE and IELTS/TOEFL early, so you can focus on your application later.
Gather your documents: Make sure your academic transcripts, CV, SOP, references and test scores are ready.
Apply online: Submit your application via each university’s official portal before the deadline.
Prepare for interviews: Some universities conduct interviews to assess your motivation and fit.
Receive an offer letter: Once accepted, confirm your place by paying the deposit.
Apply for your Canadian study permit: Through IRCC with support from IDP counsellors.
Plan your move: Arrange accommodation, finances, and flights before you start your MBA journey.
With guidance from IDP Ghana, each step becomes less stressful and more confident.
The cost of an MBA in Canada varies depending on the university, program duration, and city. On average, Ghanaian students can expect:
Tuition fees: CAD 30,000 – CAD 90,000 for the full program.
Other academic costs: Books, course materials, and administrative fees.
While that may sound high, Canadian MBAs are generally more affordable than US or UK programs, and the return on investment is strong thanks to high graduate employability and opportunities to work in Canada after your studies.
Beyond tuition, you’ll need to budget for living expenses. Costs vary depending on whether you study in a big city such as Toronto or Vancouver, or smaller cities such as Kingston or London, Ontario. On average, Ghanaian students spend CAD 4,068 – 7,429 per month.
Here’s the breakdown:
Accommodation: CAD 1,786 – 3,217 per month depending on location and type (on-campus, shared apartment, or private rental).
Food: Around CAD 250 – 400 monthly if you cook; eating out regularly costs more.
Public Transportation: From CAD 113, depending on the city’s transport system.
Miscellaneous (clothing, phone, health insurance, leisure): CAD 200 – 650.
Smart budgeting, such as cooking at home and using student discounts, can help reduce your expenses further in Canada.
Many Canadian universities and government agencies offer scholarships to attract high-achieving Ghanaian students. These scholarships can significantly reduce tuition fees and sometimes cover living expenses.
Popular Canadian scholarships include:
Rotman School of Management Entrance Awards (University of Toronto)
McGill Desautels MBA Entrance Awards
Ivey MBA Scholarships (Western University)
UBC Sauder Entrance Awards
Government of Canada Scholarships for international students
While 100% scholarships are rare, partial funding opportunities are common. To improve your chances, apply early, maintain excellent grades and showcase leadership or professional achievements in your application.
One of the biggest advantages of studying in Canada is the opportunities that follow your MBA. With a Post-Graduation Work Permit (PGWP), you can stay in Canada for up to 3 years to gain relevant work experience.
This experience not only boosts your career but also strengthens your chances of applying for Permanent Residency (PR) through programs such as Express Entry or the Provincial Nominee Program (PNP).
Many Ghanaian MBA graduates have successfully built careers in Canada across various sectors, including finance, consulting, technology, and healthcare. With Canada’s welcoming immigration policies, your MBA can be the first step toward settling in a country that values skilled professionals.
Pursuing an MBA in Canada will give you international exposure, help you build lifelong networks and create a pathway to career success in Canada and beyond. At IDP Ghana, we help you every step of the way. Talk to an IDP Counsellor today for FREE.
How much does it cost to do an MBA in Canada?
From CAD 33,787 to CAD 71,899 per year, depending on the university.
Is an MBA in Canada worth it?
Yes. It offers world-class education, post-study work opportunities, and pathways to PR.
Can I get a 100% scholarship for an MBA in Canada?
Full scholarships are rare, but partial scholarships are widely available.
Which MBA course is best in Canada?
It depends on your goals. Programs in finance, consulting and entrepreneurship at schools like Rotman, Ivey, and Sauder are highly ranked.