Earning an MBA degree is a huge accomplishment. The degree is what every business student wants and craves. It opens a huge range of opportunities to the student that earns it. MBA stands for Masters of Business Administration, and it ensures that its holder will find a job quickly and that their career progression in the corporate sector will be hastened.
As a result, many individuals who completed their undergraduate degree in a business-related field desire to obtain an MBA to enhance their resumes. Not at all surprising. And, because so many students want to study for their MBA, there is a need for scholarships, particularly for students from developing countries or who require financial assistance to study.
Many institutions throughout the world provide scholarships to students who want to study at their school, and fortunately, there are universities and colleges in Canada that provide scholarship options to MBA students, which we will look at in this post.
List of Canada’s Top 10 MBA Scholarships in 2023
1.Ted Rogers School of Management at Ryerson University.
Ted Rogers School of Management is a management school in Toronto, Canada, and is one of the country’s top management institutions where students can pursue an MBA. According to Bloomberg Businessweek, it is also one of the top 25 international MBA programs.
Because an MBA can be a significant financial investment, the Ted Rogers School of Management has teamed with Ted and Loretta Rogers to accept a grant of up to $15 million for scholarships and awards. These scholarships and grants are intended to assist students in funding their MBA studies.
Scholarships and honors worth up to $20,000 are given to up to 24 students. To be eligible for the Ted Rogers School Graduate Entrance Scholarship, the applicant must be academically outstanding. Academic excellence and performance are used to choose students.
The award is offered to full-time and part-time Canadian students living in Canada. It is also open to overseas students who apply just for full-time positions. For more information about their scholarships and awards, go to www.ryerson.ca/mba/admissions/funding/.
2. Rotman School of Management Scholarships at the University of Toronto.
This management school is based in Toronto, Canada, and is one of the world’s leading management schools. This management school is part of the University of Toronto, and MBA candidates can apply to study and get an MBA degree there.
The Rotman MBA is a wise investment in one’s professional future. The Rotman School of Management does not sponsor any students for MBA scholarships, but there are a number of external organizations ready to fund foreign students for their MBA at the school. For instance, consider the Government of Canada’s International Scholarship Programs. There are numerous scholarships available through the government program for overseas MBA candidates. To see a complete list of government scholarships, go to www.educanada.ca.
3. Alberta MBA Scholarships.
In 2019, students enrolled in the MBA program at the University of Alberta School of Business could earn up to $1 million. There are entry grants worth up to $15,000 available to students who successfully secure admission to the Alberta School of Business. Scholarships are given out during the MBA programs. More information is available at 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 they offer scholarships to first-year students who are accepted. There are various scholarship and reward programs for MBA students, such as the Haskayne Student Experiences Fund, SU Travel and Conference Funding, and so on. Visit https://haskayne.ucalgary.ca/student-funding-and-scholarships for more information.
5. Schulich School of Business Scholarships.
All overseas students at Schulich School of Business are automatically considered for scholarships and awards. There are merit-based scholarships, need-based scholarships, and so on. For further information, go to https://schulich.yorku.ca/student-life-services/financial-aid/scholarships-awards/.
6. Ivey MBA Scholarships.
For Ivey MBA applicants, there are numerous fantastic scholarships and student loans available. The scholarship scholarships are valued at up to $1.8 million. For more information about how to fund your MBA studies at Ivey Business School, please visit www.ivey.uwo.ca/finance.
7. Sauder School of Business Entrance Scholarship.
UBC Sauder School of Business also offers admission honors and scholarships. The University of British Columbia includes the Sauder School of Business. Dean’s Entrance Scholarship, International Talent Scholarships, and other scholarship schemes are available. You may learn more about scholarships at www.sauder.ubc.ca/programs/masters-degrees/ubc-mba/admissions-finance/scholarships.
8. Desautels Faculty of Management.
Desautels School of Business is a part of McGill University and one of Canada’s top management schools. You may find out more about their scholarships 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 their scholarships page may be found at www.rhsmith.umd.edu/programs/undergraduate-programs/academics/scholarships. The full name of the school is 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 a MBA student. Visit www.hec.ca/en/programs/mba/full-time-mba-/scholarships/index.html.