Earning an MBA degree is a great achievement. The degree is what every business student wants and longs for. It opens up a huge range of opportunities for the student who earns it.
MBA stands for Master of Business Administration and is a sure guarantee for its holder that they will get a job quickly and accelerate their professional growth in the corporate world.
In this regard, many students who graduated from a business related course want to pursue an MBA to enhance their CVs. Not surprising at all. And because many students want to study for their MBA, there is a need for scholarships, especially for students who come from developing countries or who need financial support to study.
Many universities around the world offer scholarships to students who want to study at their institution and luckily there are universities and colleges in Canada that offer scholarship opportunities to MBA students and we will take a closer look at them in this article.
So, let’s look at the top ten MBA scholarships in Canada, shall we?
1.Ryerson University Ted Rogers School of Management.
Ted Rogers School of Management is a management school located in Toronto, Canada and is one of the leading management schools in Canada where students can apply for their MBA. It was also ranked as one of the top 25 international MBA programs by Bloomberg Businessweek.
Because earning an MBA could be a large financial investment, the Ted Rogers School of Management partnered with Ted and Loretta Rogers and received an endowment of up to $15 million for scholarships and awards. These scholarships and awards are intended to help students finance their MBA programs.
Up to 24 students receive scholarships and awards worth up to $20,000 each. To qualify for the Ted Rogers School Graduate Entrance Scholarship, an applicant must be academically excellent. Students are selected based on their academic excellence and performance.
The scholarship is open to local Canadian students applying full-time or part-time. And it is also open to international students who are applying for full-time only. To apply for your scholarships and awards, visit www.ryerson.ca/mba/admissions/funding/.
2. University of Toronto Rotman School of Management Scholarships.
This management school is located in Toronto, Canada and is one of the leading management schools in the world. This management school is part of the University of Toronto and MBA aspirants can apply to the school to study for an MBA degree.
The Rotman MBA is indeed a good investment in one’s professional career. The Rotman School of Management itself does not sponsor any students for scholarships for its MBA program, but there are a number of outside organizations willing to sponsor foreign students for their MBA at the school.
For example, the Government of Canada International Scholarship Programs. There are many scholarships available under the government program for foreign MBA applicants. Visit www.educanada.ca to see a full list of government scholarships.
3. Alberta MBA Scholarships.
Up to $1 million was made available to students in the MBA program at the University of Alberta School of Business in 2019. There are entrance awards for students who successfully gain admission to the Alberta School of Business that could be worth up to $15,000. Scholarships are awarded during the course of MBA programs. To learn more, visit www.ualberta.ca/business/programs/mba/admissions/awards-financial-aid/index.html.
4. Haskayne School of Business MBA entrance scholarships.
This business school is part of the University of Calgary and has scholarships for freshmen who successfully gain admission. There are also scholarship and award programs for students during the course of their MBA, such as the Haskayne Student Experience Fund, SU Travel and Conference Funding, etc. Visit https://haskayne.ucalgary.ca/student-funding-and-scholarships.
5. Schulich Business School Scholarships.
All international students are automatically considered for Schulich School of Business scholarships and awards. There are merit-based scholarships, scholarships for people with financial need, etc. Visit https://schulich.yorku.ca/student-life-services/financial-aid/scholarships-awards/.
6. Ivey MBA Scholarships.
There are a number of excellent scholarships and student loans available to Ivey MBA applicants. Scholarship awards are worth up to $1.8 million. kindly visit www.ivey.uwo.ca/finance for more information on how to finance your MBA study at Ivey Business School.
7. Scholarship to enter the Sauder Business School.
There are also entrance awards and scholarships at the UBC Sauder School of Business. Sauder School of Business is part of the University of British Columbia. Some of their scholarship programs include Dean’s Entrance Scholarship, International Talent Scholarships, etc. You can visit www.sauder.ubc.ca/programs/masters-degrees/ubc-mba/admissions-finance/scholarships.
8. Desautels School of Administration.
Desautels School of Management is part of McGill University and is also a top management school in Canada. You can check their scholarship page at www.mcgill.ca/desautels/programs/bcom/current-students/scholarships.
9. Smith School of Business – Queens University.
This business school is part of Queens university and you can visit their scholarship page at www.rhsmith.umd.edu/programs/undergraduate-programs/academics/scholarships. The school is named in its entirety the Robert H. Smith School of Business.
10. HEC Montreal MBA Scholarships.
In partnership with the HEC Montreal Foundation, there are hundreds of scholarships up for grabs for you as an MBA student. Visit www.hec.ca/en/programs/mba/full-time-mba-/scholarships/index.html.