Canada offers international students access to world-class education, global business networks, and career opportunities in one of the world’s most dynamic economies. However, the cost of tuition and living expenses can be a significant consideration. Fortunately, many Canadian universities offer generous scholarships and financial aid packages specifically designed to support talented international applicants.
From entrance awards and merit-based fellowships to region-specific bursaries and leadership grants, these scholarships not only ease the financial burden but also recognise academic excellence, professional experience, and leadership potential. In this guide, we highlight some of the top MBA scholarships available at leading Canadian business schools, helping you take the next step towards a transformative business education.
If you want to study for an MBA in Canada, our team can help you apply. Book a free consultation today, and we can help you find the right MBA scholarship for your studies.
MBA Scholarships for International Students in Canada
1. Rotman School of Management Scholarship
The Rotman School of Management at the University of Toronto is renowned for its rigorous academic standards and offers a range of scholarships to international students. These include the Rotman Entrance Awards, the Joseph L. Rotman Scholarship, and the Forté Fellowship.
All applicants to Rotman’s full-time MBA programme are automatically considered for entrance awards—no separate application is required. The Joseph L. Rotman Scholarship remains one of the most prestigious, covering full tuition and offering a living stipend, awarded to exceptional candidates. The Forté Fellowship supports outstanding women applicants and can offer up to CAD 40,000.
2. Ontario Graduate Scholarship
The Ontario Graduate Scholarship (OGS) Programme is a merit-based initiative jointly funded by the provincial government and participating universities. It supports students pursuing master’s and doctoral degrees in Ontario. Awards are valued at *CAD 10,000 for two terms* or *CAD 15,000 for three terms*.
Participating institutions include the University of Guelph, McMaster University, Western University, University of Toronto, Wilfrid Laurier University, University of Ottawa, Lakehead University, Carleton University, and others.
Applicants must hold a valid Canadian study permit and be enrolled full-time in an eligible graduate programme.
3. Sauder School of Business Scholarships
The Sauder School of Business at the University of British Columbia offers a variety of scholarships for its MBA programme. Key options include the Regional Top Talent Scholarships (CAD 10,000 to full tuition), the Forté MBA Fellowship (up to CAD 40,000 for women candidates), and the Ruth P. Glenen MBA Entrance Award for Women (CAD 35,000 for Canadian citizens and permanent residents).
All applicants are automatically considered for these awards upon submission of a complete MBA application.
4. Schulich School of Business Scholarships
The Schulich School of Business at York University offers some of Canada’s most generous MBA scholarships. Notable awards include the Robert Krembil Scholarship of Merit (up to CAD 80,000), the Seymour Schulich and Tanna H. Schulich MBA Entrance Scholarships (each up to CAD 31,890), and the Goldberg Leadership Award of Excellence (CAD 40,000).
These scholarships are merit-based and automatically considered during the admissions process.
5. Alberta MBA Scholarships
The University of Alberta offers strong financial support for MBA students through entrance awards (up to CAD 15,000), merit-based scholarships, and bursaries. All admitted students are automatically considered for entrance awards, while other scholarships may require separate applications.
The Alberta School of Business maintains a high graduate employment rate and offers specialisations in areas such as Business Analytics, Energy, and Innovation.
6. Ivey MBA Scholarships
Ivey Business School at Western University offers some of the most competitive MBA scholarships in Canada. Approximately *80% of admitted students*—both domestic and international—receive merit-based awards ranging from *CAD 10,000 to CAD 70,000*.
Applicants must complete the scholarship section of the MBA application. Awards are based on academic excellence, leadership potential, and professional experience. No separate scholarship application is required.
FAQs
How can I get a full scholarship for an MBA in Canada?
To secure a full scholarship for an MBA in Canada, you can start by researching various universities and MBA programs that offer scholarships. Look for institutions that have specific scholarships for international students and those that cater to your academic and professional background. Maintaining a strong academic record, obtaining excellent GMAT/GRE scores, and showcasing exceptional leadership and extracurricular achievements will increase your chances.
Additionally, write a compelling application essay highlighting your goals, aspirations, and reasons for pursuing an MBA in Canada. Remember to apply for multiple scholarships and grants and keep an eye on deadlines to ensure you don’t miss any opportunities.
Can an international student get a scholarship in Canada?
Yes, overseas students can get scholarships in Canada. Many Canadian universities and organisations offer scholarships and financial aid to international students, including those pursuing undergraduate, graduate, and postgraduate studies.
Can international students get scholarships in Canada for a master’s?
Yes, international students can get scholarships in Canada for master’s programs. Many Canadian universities and institutions offer scholarships for international students pursuing master’s degrees.
What CGPA is required for a master’s scholarship in Canada?
The required CGPA for a master’s scholarship in Canada can vary depending on the specific scholarship program and the university offering it. Each scholarship may have its own eligibility criteria, including factors like academic performance, leadership qualities, research potential, and extracurricular activities. However, most programs require scholarships in Canada from a 3.0 to 3.5 on a 4.0 scale.
Can international students study for a master’s in Canada?
Yes, international students can study for a master’s in Canada. Canada is a popular destination for international students seeking higher education, including master’s degrees across various fields of study.
