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/UniversityDurationCourse Fee
Rotman School of Management2 years$84,028
Queen’s Smith School of Business1 year$71,445
York University – Schulich2 years$99,400
McGill Desautel20 months$89,000
University of Alberta20 months$53,392
HEC Montréal1 year$33,200
UBC Sauder16 months$60,440
Ivey Business School1 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 ExpenseCost (USD/year)
Books & Material1500
Food & Beverage3000-5000
Accommodations4,500-10,000

Here is a detailed list of the costs of buying typical grocery items and home rentals in Canada.

Cost of living in Canada
ItemCost
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 monthTorontoOttawaQuebec CityVancouverEdmontonCalgaryWinnipegMontreal
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*150.3181.1170.9160.9150.5164.1130.1154.4

*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.

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