Why Business Master's Programs in Canada Attract So Many Young Indians
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Your 20s are an incredibly important period for your career, and the choices you make now can have long lasting impacts on your trajectory in the years ahead. The question is: what can you do now to ensure you’ll have a long, successful career? Increasingly, young and talented Indians like you are making the choice to invest in a business master’s degree soon after their bachelor’s in order to start their careers in the best position possible, and many of them are finding success in business master’s programs in Canada.
Why pursue a business master’s in Canada?
Canada has long held a reputation as being among the world’s top study destinations for international students. World class universities, a strong economy, and ample opportunities for international hiring are just some of the reasons Canada is a standout destination for internationally minded business school students.
Making the decision to pursue a business master’s degree in an international location like Canada requires thinking through several different variables, and amid COVID-19, a whole new layer of decision making needs to be considered. Only you can decide what’s right for you, your education, and the future of your career. Use the key pieces of information and resources below to help you make the right choice for you.
Here are three reasons young and talented Indians like you should consider applying for a business master’s program in Canada.
1. India and Canada’s strong people-to-people ties
Canada and India have incredibly strong people-to-people ties that grow stronger with each passing year. In total, around 1.4 million Canadians trace their origin to India, and India is the largest source country for new permanent Canadian residents, including more than 370,000 over the last 10 years.
India is now the top source country for foreign students studying in Canada. In September of 2019, there were over 200,000 Indian students studying in Canada. So, if you choose Canada as your study destination, you can count on there being a significant Indian student community to help with your adjustment and be a source of support as you study in Canada.
2. Canada’s immigrant friendly environment and pathways to permanent residence
Why have so many Indian students found success in Canada? Canada offers an incredibly open, tolerant, safe, and multicultural environment for immigrants from all over the world to study and thrive. In fact, more than 1 in 5 Canadians are immigrants themselves. Canada’s values are informed strongly by its multicultural, multiethnic, and multilinguistic citizenry.
Canada’s immigrant-friendly environment extends to its policies around student study permits, work opportunities for international graduates, and pathways to citizenship.
After taking the GMAT exam, submitting your applications, and being admitted to a Canadian business master’s program, you will apply for a study permit online with your letter of acceptance, proof of identity, and proof of financial support.
Interested in working in Canada after earning your business master’s? You can obtain a Post-Graduate Work Permit (PGWP) after your studies, allowing you to work anywhere in Canada for up to three years, depending on the duration of your program. Canada offers multiple different programs for becoming a permanent resident, as well. The Canadian government’s Come to Canada Tool makes it easy for you to understand which immigration programs you can apply for.
3. Gain in-demand skills to start your career strong
Business master’s programs—like Master in Management, Master of Accounting, Master of Finance, Master of Data Analytics, and many more—are chiefly designed for students with little to no professional experience and serve as a springboard for starting your career.
These programs teach the cutting-edge, in-demand skillsets that will help you stand out to top employers in the hiring process, and that will help you earn a strong starting salary after you graduate. Findings from the Graduate Management Admission Council’s latest Corporate Recruiters Survey shows that median starting salaries for business master’s graduates are US$75,000 for Master in Management and Master of Accounting, US$80,000 for Master of Finance, and US$85,000 for Master of Data Analytics.
Read more: How Much More Money Can You Earn with a Business Master’s?
What’s more, investing in a business master’s degree early in your career can help you ascend to higher-level positions faster than peers without your degree. Earning a graduate business degree demonstrates to employers that you are management material, and that you have the skills and knowledge to lead teams and work collaboratively to solve important business problems.
Taking the GMAT exam in India is your ticket to Canada’s leading business master’s programs
Canada’s leading business master’s programs accept the GMAT exam because it’s a proven predictor of your ability to succeed in their classrooms. Applying with a competitive GMAT exam score demonstrates your commitment and motivation and helps you stand out in the admissions process.
There are hundreds of excellent business master’s programs in Canada for you to choose from. For more, go to Program Finder and search “Canada” as your location, select master’s as your degree, and full-time as your program type.
As a start for your search, here’s a small sample of business master’s programs offered by some of Canada’s leading business schools, with some useful details around their locations, target GMAT exam scores, tuition costs, and links to access their latest COVID-19-related information.
• Location: Montreal, Quebec, Canada
• International student total tuition cost: CAD$28,000 . See their fees page here.
• COVID-19 updates: Check out HEC Montreal’s COVID-19 Information and Instructions page for the latest from their team
• GMAT score target: HEC Montreal’s admissions site indicates a competitive score for their business master’s programs is 630 or higher
Business master’s programs:
• MSc Data Science and Business Analytics
• MSc Applied Financial Economics
• MSc Global Supply Chain Management
• MSc User Experience in Business Context
Sauder School of Business, University of British Columbia
• Location: Vancouver, British Columbia, Canada
• International student total tuition cost: Master of Management: CAD$46,798; Master of Business Analytics: CAD$55,703
• COVID-19 updates: Check out Sauders’ Coronavirus (COVID-19) page for the latest from their team.
• GMAT score target: The Master of Business Analytics and Master of Management programs require a minimum GMAT score of 550 with at least a 50th percentile in the Quant and Verbal sections.
Business master’s programs
• Master of Business Analytics
John Molson School of Business, Concordia University
• Location: Montreal, Quebec, Canada
• International student total tuition cost: CAD$40,000. See their fees page here.
• COVID-19 updates: Check out Molson’s COVID-19 page for the latest information from their team.
• GMAT score target: Molson’s admissions site indicates a competitive score for their business master’s programs is 580 or higher.
Business master’s programs
• Master of Supply Chain Management
Schulich School of Business, York University
• Location: Toronto, Ontario, Canada
• International student total tuition cost: Tuitions varies by program type, ranging from CAD$56,650 to CAD$80,100. Check out the individual program pages on their website for more details.
• COVID-19 updates: Check out Schulich’s COVID-19: Admissions FAQs for the latest from their admissions team.
• GMAT score target: No specific score target is provided.
Business master’s programs
• Master of Management in Artificial Intelligence
• Master of Business Analytics
• Master of Real Estate and Infrastructure
Smith School of Business, Queen’s University
• Location: Kingston, Ontario, Canada
• International student total tuition cost: CAD$12,982. See their fees page here.
• COVID-19 updates: Check out Smith’s COVID-19 page for the latest information from their team.
• GMAT score target: GMAT scores are required, but no specific score target is provided.
Business master’s programs
• Master of Management in Artificial Intelligence
Want to explore more great business master’s programs in Canada? For more, go to Program Finder and search “Canada” as your location, select master’s as your degree, and full-time as your program type.