adminSecuring MBA scholarships in Canada will be exclusively beneficial to you as an international student especially if covering school expenses in a challenge to you.
As a business administrator, getting an MBA will not only advance you educational knowledge, it will also help give you a cutting edge in the labor market today.
Unfortunately the cost of running an MBA in a well prestigious university can be quite overwhelming, that’s why securing a scholarship is good for you as an international student.
As we all know, Canada is a popular destination for international students seeking an MBA degree. Canada has a strong economy, a diverse population, and a high standard of living. In addition, Canada is known for its high-quality education system, which includes several world-class universities offering MBA programs.
In this article we have taken our time to highlight some top scholarship opportunities that will enable you pursue an MBA in Canada.
Benefits of Securing An MBA Scholarship In Canada
Securing MBA scholarships in Canada can come with many benefits, some of which include;
- Reduce Financial Burden: MBA scholarships help reduce financial burden for international students who find it difficult to cover the cost of tuition and other expenses on their own.
- Helps students stand out in Labour Market: Most employers are often impressed by students who have been awarded scholarships because it shows how motivated and committed they are to their studies.
- Allows students build valuable connections and network: Many scholarship programs provide opportunities for students to connect with alumni, industry leaders, and other professionals who can help them achieve their career goals.
Read Also: Fully Funded MBA Scholarships in USA 2024
Top MBA Scholarships in Canada
Below are some top MBA scholarships that will provide you with the opportunity of running an MBA in Canada;
1. Ontario Graduate Scholarship Program
The Ontario Graduate Scholarship Program offers international students an opportunity of running an MBA in any prestigious universities in Ontario
The OGS program has been providing merit-based scholarships to Ontario’s best graduate students in all disciplines of academic study.
Scholarship Benefits
- Awardees will be provided with a scholarship grant of CA$ 5000 per semester.
- Awardees might also receive CA$ 10,000 through 2 semesters or CA$ 15,000 through 3 semesters.
Apply Now
2. Sauder School of Business Scholarship
Sauder Business school in Canada offers scholarships of its own brand to exceptional international students who intend to pursue an MBA with them.
Sauder School of Business offers some scholarships opportunities which include;
- Asia Top Talent Scholarships
- Women in Business Leadership Scholarships
- Hari Varshney MBA Entrance Scholarship
- Dean’s Entrance Scholarship
- International Talent Scholarships.
Scholarship Benefits
- Some of the scholarships offer CA$ 10,000 – CA$ 40,000 to students.
- Hari Varshney MBA Entrance Scholarship and Madhu Varshney MBA scholarships offer up to half of your tuition fees
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3. The Canadian National Scholarship Program
This scholarship is awarded to students who have demonstrated exceptional academic intelligence.
Scholarship Benefits
- This scholarship program provides up to $200,000 over three years and covers tuition, living expenses, and research expenses.
Apply Now
4. The Schulich School of Business Entrance Award
This scholarship program is made available for international students who are just entering the MBA program at Schulich School of Business
Scholarship Benefits
- This scholarship program provides up to $100,000 and covers tuition and other expenses associated with pursuing an MBA degree.
Apply Now
5. Haskayne School of Business MBA Entrance Scholarships
Haskayne School of Business MBA Entrance Scholarships aims to remove the obstacles faced by international students on their path towards becoming future leaders.
This scholarship program tends to attract high-achieving students from across the world to Haskayne School of Business
Scholarship Benefits
- This scholarship program provides a scholarship grant ranging from $1,500 and $20k per individual.
Apply Now
How To Apply For An MBA Scholarship In Canada
Apply for an MBA scholarship inn Canada is not quite hard, you just need to follow the right steps in order to do so;
Step 1: Visit the official website of the universities.
You need to make a research on the university scholarship program you want to apply for. This website will guide you through the entire application process.
Step 2: Understand the eligibility criteria of the university scholarship.
It is always important to understand the eligibility criteria of the scholarship program you wish to apply for. This will let you know if you are eligible for the scholarship or not.
Step 3: Gather the necessary documents.
When making application, you will be required to submit some necessary documents such as recommendation letter, transcript and others.
Step 4: Take the required tests (GMAT, IELTS).
Some scholarship program will require you to submit your GMAT or IELTS score, before considering for their scholarship
Step 5: Register and apply for the scholarship online.
Once you have settled the above steps, you then need to apply for the scholarship by visiting the site and submitting the required documents.
Step 6: Await for the university response.
Once you have submitted your application, you then need to wait for a reply from the school which may take a while.
Frequently Asked Questions on MBA scholarships in Canada
Can I do MBA in Canada for free?
MBA courses in Canada are not tuition free, but you can secure a scholarship that will help you out with schooling expense.
Which type of MBA is in highest demand in Canada?
The most popular industries for MBA graduates in the nation are consulting and finance, but technology is gaining ground
What Test is Needed to run an MBA in Canada?
You will need to take a Graduate Admission Test(GMAT) to study MBA in Canada
Are MBA scholarships in Canada only available for full-time programs?
MBA scholarships is Canada are available for both full time and part-time programs. It is important too review the scholarship criteria before applying for it.
Conclusion
Securing an MBA scholarship in Canada will help you cover schooling expenses such as tuition, living allowance and much more. It will also provide you with an opportunity of building valuable contacts and connection that will help you in life as you progress.
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