One of the most popular and inclusive degrees, a huge number of opportunities open up for any Indian student choosing to pursue an MBA degree in Canada. Here is a broad overview of some of the benefits.
1. Affordable quality education
The universities in Canada, particularly the B-Schools, are renowned for their global rankings and top-notch research facilities. According to the 2023 QS rankings for MBA schools, 6 of the top 100 schools in the world are located in Canada.
Not only in terms of quality, Canada is also beneficial to Indian students, especially in terms of the investments involved. When compared to popular destinations such as the U.S., U.K., or even Australia, the combination of Canadian tuition fees and the cost of living makes it more affordable.
You can see a great list of the cheapest colleges in Canada, here.
2. Simpler route to PR
Canada’s immigration policies are far more direct and welcoming than some of the other countries. On completion of your MBA course in Canada, there is a time period of 180 days within which you can apply for a postgraduate work permit (PGWP).
It allows you to work in Canada for three years. After that, becoming a permanent resident is a straightforward task.
3. Global business network
In the last half a century or so, Canada has worked towards positioning itself as one of the leading players in the global economy. B-schools often partner with multinational organizations to provide internship opportunities.
With all of these developments, Canada has become one of the hubs of business development and networking. After completing your MBA course in Canada, you have the opportunity to build a stable career with a competitive salary.
With high employment opportunities and with a growing economy, MBA graduates are often absorbed into the upper echelons of Finance, Consulting, or even Tech industries.
Top business organizations such as Morgan Stanley, McKinsey, EY, KPMG, Deloitte, Infosys, HCL Technologies, Microsoft, Apple Inc, Google, and Accenture hire MBA professionals regularly from Canadian universities. The average salary per annum ranges from CAD 60,000 to CAD 120,000.
4. Safe, multicultural environment
Known for its multicultural ethos, Canada offers a society that is known for its diversity and inclusive culture. It was the first country in the world to make multiculturalism an official policy in the year 1971.
It is a true representation of what it means to be a global citizen. In 2021, Canada was ranked the 4th safest country in the world by U.S.News. This placed Canada 14 spots ahead of the UK and 34 spots ahead of the USA.
Keeping these factors in mind, it is safe to say that an MBA in Canada is certainly worth it. A diverse environment, immense opportunities, high-paying job opportunities, a safe society, and a simple immigration process are all criteria that tip the scale in Canada’s favor. It makes Canada stand out among other global-ed destinations.
If you are still figuring out your choices, you can you can know more and figure out the best courses to study in Canada.