Top 10 MBA Scholarship in Canada

Canada is home to many top-ranked business schools, offering a world-class education in the field of business and management. For individuals who are interested in pursuing a Master of Business Administration (MBA) degree, Canada can be an excellent choice, providing a high-quality education and a supportive environment for learning and growth. However, the cost of pursuing an MBA can be a significant barrier for many individuals, which is where MBA scholarships in Canada can play a crucial role.

Types of MBA Scholarships in Canada

There are various types of MBA scholarships in Canada, including those that are merit-based, need-based, and those that are awarded based on specific criteria. Some of the most common types of MBA scholarships in Canada include:

1. Merit-Based Scholarships: Merit-based scholarships are awarded based on academic excellence, including high grades and test scores. These scholarships are typically awarded by the business school or by organizations that support students in their educational pursuits.
2. Need-Based Scholarships: Need-based scholarships are awarded based on financial need, taking into consideration the student’s family income and overall financial situation. These scholarships are often awarded by the business school or by organizations that support students in their educational pursuits.
3. Diversity Scholarships: Diversity scholarships are awarded to individuals who come from underrepresented groups, including women, minorities, and individuals with disabilities. These scholarships are designed to help increase diversity in the business field and provide opportunities for individuals who might not otherwise have the chance to pursue an MBA.
4. Industry-Specific Scholarships: Industry-specific scholarships are awarded based on the student’s area of interest or the industry they plan to work in. For example, there may be scholarships available for individuals interested in finance, technology, or healthcare.

How to Apply for MBA Scholarships in Canada

The process for applying for MBA scholarships in Canada varies depending on the scholarship and the organization that is offering it. However, here are some general steps to follow when applying for an MBA scholarship in Canada:

1. Research: The first step in applying for an MBA scholarship in Canada is to research the different options available. This can be done through online searches, by reaching out to the business school, or by contacting organizations that support students in their educational pursuits.
2. Review Eligibility Requirements: Once you have identified a scholarship that you are interested in, it’s essential to review the eligibility requirements to ensure that you are qualified to apply.
3. Prepare Required Materials: The application process for MBA scholarships in Canada typically requires a variety of materials, including transcripts, letters of recommendation, and essays. It’s important to carefully review the requirements and prepare the necessary materials to ensure that your application is complete and competitive.
4. Submit Application: Once you have gathered all the required materials, it’s time to submit your application. This can typically be done online, and it’s essential to submit your application by the deadline.

Here we have listed some of the top MBA scholarships in Canada that are worth a try:

1. Ontario Graduate Scholarship (OGS) Program

A popular MBA scholarship in Canada, the Ontario Graduate Scholarship funds graduate studies at the master’s and doctoral levels. It is a merit-based scholarship offered by top universities in Canada in the Ontario region. Also being merit-based, the scholarship is highly competitive.

Participating universities: Some of the popular participating universities include:

• University of Toronto

• McMaster University

• Carleton University

• York University

• University of Windsor

• University of Waterloo

MBA scholarships in Canada for foreign students: Ontario Graduate Scholarship

2. Rotman School of Management Scholarships

Around one-third of students enrolled at Rotman School of Management, University of Toronto, are granted entrance scholarships, fellowships and awards every year. Among the popular MBA scholarships in Canada for foreign students, Rotman scholarships seek to remove the financial barriers that may come in the way of qualified applicants seeking admission at the business-school.

MBA Scholarships in Canada for foreign students –Rotman School of Management

How to apply: Students are automatically considered for the awards based on their application for admission and don’t have to apply separately.

3. Sauder School of Business Entrance Scholarship

Sauder School of Business at the University of British Columbia offers its own brand of MBA scholarships in Canada for foreign students to attract potential talents from across the world. Sauder extends merit-based entrance scholarships to outstanding international students.

MBA scholarship in Canada: Sauder Entrance Scholarships

How to apply: No separate application form is needed for applying to Sauder Entrance Scholarship, among the popular MBA scholarships in Canada.

Deadline:

4. Alberta MBA Scholarships

Alberta School of Business, University of Alberta, extends a number of MBA scholarships in Canada to meritorious and needy international students. These scholarships are generally offered for the duration of the MBA program.

MBA Scholarships in Canada for foreign students: Alberta MBA scholarships

How to apply: Generally no separate applications are needed to apply for the scholarship, as your program application form will be used to judge your eligibility.

5. Ivey MBA Scholarships

One reason why you may want to study at Ivey Business School could be that Ivey offers a number of MBA scholarships, including some of the largest merit-based MBA scholarships in Canada.

MBA scholarships in Canada for foreign students: Ivey scholarships

How to apply: There is no separate scholarship application. Instead, you need to complete the scholarships section included in the online MBA admission application.

6. Haskayne School of Business MBA Entrance Scholarships

This scholarship aims at removing obstacles faced by international students in their path towards becoming future leaders. Among the popular MBA scholarships in Canada, the Entrance Scholarship also intends to attract high-achieving students from across the world to the university.

MBA scholarships in Canada for foreign students: Haskayne MBA Entrance Scholarships

How to apply: There is no separate application form as your MBA applications will be used to evaluate eligibility.

Deadline

7. Schulich School of Business Scholarships

International students at Schulich School of Business Scholarships can choose from a number of scholarships to fund their MBA studies. Many of these scholarships offer good monetary value to be considered among the most generous MBA scholarships in Canada. MBA scholarships are available under two categories: 1) Entrance Scholarships and 2) Continuing Student Awards

1) Entrance Scholarships: These scholarships offer a generous amount of money and are offered to full-time students at Schulich.

2) Continuing Student Awards: This specific type of MBA scholarship in Canada is available to students enrolled in MBA, IMBA or MPA programs at the University of Schulich.

How to apply: No separate application is necessary as full-time students are automatically considered for these MBA scholarships in Canada