Earning an MBA degree is an extraordinary achievement that offers numerous opportunities for business students. The MBA, which stands for Masters of Business Administration, is highly sought after and provides a sure guarantee of rapid job placement and accelerated career growth in the corporate world.
Many students who have completed their undergraduate studies in a business-related field aspire to pursue an MBA to enhance their CVs. Given the high demand for MBA programs, there is a need for scholarships, especially for students from developing countries or those requiring financial support.
Fortunately, universities and colleges in Canada offer scholarship opportunities specifically for MBA students. Let’s take a closer look at the top ten MBA scholarships available in Canada:
- Ted Rogers School of Management at Ryerson University: This renowned management school in Toronto, Canada offers scholarships and awards worth up to $20,000 each. These scholarships are funded through a generous donation of up to $15 million by Ted and Loretta Rogers. To apply for scholarships and awards, visit www.ryerson.ca/mba/admissions/funding/.
- Rotman School of Management Scholarships at the University of Toronto: Although the Rotman School of Management does not directly sponsor scholarships, there are external organizations, such as the Government of Canada International Scholarship Programs, that provide scholarships for MBA students. Visit www.educanada.ca to explore the various government scholarships available.
- Alberta MBA Scholarships: The University of Alberta School of Business offers entrance awards with a value of up to $15,000 for students admitted into their MBA program. Additionally, scholarships are awarded throughout the duration of the MBA program. To learn more, visit www.ualberta.ca/business/programs/mba/admissions/awards-financial-aid/index.html.
- Haskayne School of Business MBA Entrance Scholarships: As part of the University of Calgary, the Haskayne School of Business offers scholarships for first-year MBA students who successfully gain admission. They also provide scholarship and award programs, such as the Haskayne Student Experiences Fund and SU Travel and Conference Funding. For more information, visit https://haskayne.ucalgary.ca/student-funding-and-scholarships.
- Schulich School of Business Scholarships: The Schulich School of Business automatically considers all international students for scholarships and awards. There are various scholarships available based on merit and financial need. Explore the scholarship options at https://schulich.yorku.ca/student-life-services/financial-aid/scholarships-awards/.
- Ivey MBA Scholarships: Ivey Business School offers several excellent scholarships and student loans for MBA applicants. These scholarship awards have a total value of up to $1.8 million. For detailed information on funding your MBA studies at Ivey, visit www.ivey.uwo.ca/finance.
- Sauder School of Business Entrance Scholarship: Within the University of British Columbia, Sauder School of Business provides entrance awards and scholarships. Some of the scholarship programs available include Dean’s Entrance Scholarship and International Talent Scholarships. Learn more about these opportunities at www.sauder.ubc.ca/programs/masters-degrees/ubc-mba/admissions-finance/scholarships.
- Desautels Faculty of Management: As part of McGill University, Desautels School of Management is one of Canada’s top management schools. For specific information about scholarships, please refer to www.mcgill.ca/desautels/programs/bcom/current-students/scholarships.
- Smith School of Business – Queens University: The Smith School of Business at Queens University provides various scholarships. For details on scholarships offered, visit www.rhsmith.umd.edu/programs/undergraduate-programs/academics/scholarships. The school is fully called Robert H. Smith School of Business.
- HEC Montreal MBA Scholarships: HEC Montreal offers scholarships specifically for MBA students. Further information about these scholarships can be found through their official website.
These are just a few highlighted MBA scholarship opportunities in Canada. We encourage you to visit the respective websites of each institution for comprehensive details on eligibility criteria, application processes, and deadlines. Good luck with your MBA studies and scholarship applications!