MBA in Canada: Cost
Cost of MBA in Canada
MBA in Canada Expenses
The Range of Average MBA Tuition fee in Canada is 30,000$ to 40,000 $, which is less while comparing it with universities in US.
Fee for MBA in top Business Schools in Canada
College/University | Duration | Course Fee |
Rotman School of Management | 2 years | $84,028 |
Queen’s Smith School of Business | 1 year | $71,445 |
York University – Schulich | 2 years | $99,400 |
McGill Desautel | 20 months | $89,000 |
University of Alberta | 20 months | $53,392 |
HEC Montréal | 1 year | $33,200 |
UBC Sauder | 16 months | $60,440 |
Ivey Business School | 1 year | $101,500 |
Cost of Living in Canada For Students
The cost of accommodation, transport, books & materials, food & beverages, etc all contribute to the cost of living for a foreign student. The typical living expenses are as follows:
Type of Expense | Cost (USD/year) |
Books & Material | 1500 |
Food & Beverage | 3000-5000 |
Accommodations | 4,500-10,000 |
Here is a detailed list of the costs of buying typical grocery items and home rentals in Canada.
Cost of living in Canada | |
Item | Cost |
Milk (1 litre) | $2 |
Eggs (dozen) | $3 |
Potatoes (4.5 kg) | $5 |
Groceries for one person (per month) | $250 – $350 |
Music CD | $20 |
Litre of gas/petrol | $1.15 – $1.30 |
Public transit fare | $2.50 – $3.00 |
Restaurant meal | $15 – $30 |
Fast food meal | $5 – $10 |
Cup of coffee | $2 |
Pint of beer | $5 – $7 |
Movie | $13 – $20 |
Mobile (cell) phone package | $50 |
Internet (1 month, high speed) | $40 |
Cable television (per month) | $25 – $50 |
Postage stamp (within Canada) (0-30g) | $0.61 |
Postage stamp (international) (0-30g) | $1.80 |
Youth hostel (per night) | $25 |
Rent (bachelor apartment, large city, per month) | $700 – $1,100 |
Rent (bachelor apartment, small city, per month) | $500 – $700 |
Also Read – How Not to Go Broke While Studying Abroad
Here are the indicative cost of living across different cities in Canada:
Per month | Toronto | Ottawa | Quebec City | Vancouver | Edmonton | Calgary | Winnipeg | Montreal |
Meals | $290 | $260 | $300 | $300 | $380 | $290 | $270 | $280 |
Rent for 1 BHK | $1,000 – $1,400 | $700-$940 | $440-$540 | $1,000-$1,500 | $750-$950 | $700 – $900 | $650-$730 | $500-$800 |
Household Running Cost | $840 | $780 | $760 | $780 | $830 | $850 | $750 | $720 |
Quality of Life Index* | 150.3 | 181.1 | 170.9 | 160.9 | 150.5 | 164.1 | 130.1 | 154.4 |
*Overall quality based on safety, pollution, health, purchasing power, commute, climate, income, and cost of living. Higher the index, the superior the quality of life. Prices are in USD.
Also read:
- Why Do An MBA In Canada
- Best MBA Institutes In Canada
- Best MBA Programs In Canada
- Affordable MBA Options In Canada
- MBA Salary and Placement In Canada
- MBA Admission In Canada
- MBA Study Permit In Canada
- MBA Scholarships In Canada