MBA scholarships in Canada provide fully-funded or partially supported education to Indian students. You can avail the scholarships based on academic achievements, demonstrated financial need, or immigration status. Generally, MBA in Canada costs between 18 to 35 lakhs INR per annum and can be hard on some students. To remove this financial burden, MBA scholarships in Canada for international students provide financial assistance to international students.

The MBA scholarships in Canada are generally offered by the university, college, business school and rarely by external organizations. These scholarships cover the tuition expenses, living costs, airfare and miscellaneous expenses of the admitted students. Students can avail scholarships of up to 65,000 CAD (~40 lakhs INR) through the scholarships in Canada. Also Check: Popular Scholarships for International Students in Canada

Top MBA Scholarships in Canada

Some of the significant MBA scholarships in Canada for international students and their details are listed below:

University/ B-School Scholarship Eligibility Award Value
Haskayne School of Business Haskayne Entrance Scholarships Academic success including competitive undergraduate GPA and GMAT score 1,500-20,000 CAD
Academic Achievement Scholarship Academic success including competitive undergraduate GPA and GMAT score First year: 23,000 CAD
Second Year: 13,000 CAD
Ivey Business School Ivey Admission Scholarships Completed scholarship section in MBA application form, 80% students are selected based on academic merit 10,000 to 65,000 CAD
Alberta School of Business Alberta Entrance Awards All admitted students are considered based on MBA admission criteria Up to 15,000 CAD
Michael Lang MBA Award Full-time MBA student with a specialization, Excellent academic records, prior work experience, competitive GMAT score 10,000 CAD
Sauder School of Business Women in Business Leadership Scholarships Top applicants with demonstrated passion and commitment towards achieving gender equality 10,000 to 60,000 CAD
Responsible Business & Community Spirit Scholarship Meritorious students with strong background in social entrepreneurship, sustainability, and commitment 10,000 to 60,000 CAD
Hoegg Family MBA Scholarship Top female international applicant entering MBA program 25,000 CAD
Hari Varshney MBA Entrance Scholarship International applicant with exceptional aptitude and academic excellence Up to 50% tuition fee
Madhu Varshney MBA Entrance Scholarship International applicant with outstanding aptitude and academic excellence Up to 50% tuition fee
International Talent Scholarships Talented international students with highest academic standards 10,000 to 60,000 CAD
Rotman School of Management Entrance Awards Scholarships, fellowships and awards for 1/3rd of the meritorious admitted students 10,000 to 90,000 CAD
Schulich School of Business Scholarships Robert Krembil Scholarship of Merit Highest academic standing, communication skills, leadership ability, 2 years of work experience and community contributions 40,000 CAD
The Goldberg Leadership Award of Excellence GPA of 6.0 or B+ on a 10.0 scale, leadership quality, innovative thinking, financial need, community involvement 40,000 CAD
Concordia University Special Entrance Award Newly admitted students 6,000 CAD
DeGroote School of Business MBA Admission Awards Holistic assessment of all applicant profiles 2,500 to 30,000 CAD
MBA In-course and Entrance Scholarships Meritorious MBA students applying for the award 500 to 10,000 CAD

Ontario Graduate Scholarship Program

The Ontario Graduate Scholarship Program offers a cluster of scholarships to study in Canada across various academic levels and disciplines. International students on a Canada student visa are eligible for only a set of awards among many. This scholarship is tenable for 1 year only, including 2 or 3 terms.

Eligibility Criteria: The eligibility criteria for the Ontario Graduate Scholarship Program for MBA in Canada are as follows:

  • Enroll to a registered full-time MBA program
  • Demonstrate at least A- or equivalent in last 2 years of study

Award Value: 5,000 CAD (3.01 lakhs INR) per session. Students can receive 10,000 CAD (6.02 lakhs INR) for 2 sessions or 15,000 CAD (9.04 lakhs INR) for 3 sessions.

How to Apply for MBA Scholarships in Canada?

Students are automatically considered for a plethora of MBA scholarships at the time of admission, based on academic performance and leadership skills. Some of the scholarships, however, require separate applications with supporting documents like academic scores and financial statements.

The step by step application process for the MBA scholarships in Canada for international students is provided below:

  • Step 1: Apply for admission to your desired universities in Canada
  • Step 2: Check the MBA scholarships available for Indian students
  • Step 3: Check the application deadlines
  • Step 4: Arrange the supporting documents
  • Step 5: Apply and submit the required documents
  • Step 6: Wait for the decision from the funding authority

MBA schools in Canada offer various fellowships, and grants for international students. If you are unable to avail the university scholarships, you can apply for education loans in Canada. You can choose to work while studying MBA in Canada as another alternative.