Masters in Business Analytics in Canada: Best Universities, Eligibility, Cost, Scholarships, Salary & More
Next, check the top universities that enhance the scope of business analytics in Canada.
A master’s in business analytics is not the one and only way around the field. You can explore several other alternatives. Countries like Canada and the USA hold a postgraduate diploma degree equal to a master’s degree in most cases. Other than that, you can choose your core subject differing from an MBA, MS, and other courses.
Under a master’s in business analytics course in India, your curriculum and subjects depend on the type of degree you go for. MS in business analytics, MSc, MBA, etc, all have different curriculums. The core subjects included in a typical business analytics course include supply chain analytics, data visualisation, big data analytics, and programming for analytics. There are several specialisations available under this degree as well, including customer analytics, people analytics etc.
Mostly, universities offer a two-year-long MSc business analytics Canada program to their students. Besides, there are various “accelerated MBA” courses which completed within 18 months. Some universities and colleges even offer a one-year long course for masters in business analytics in Canada. It is advised to contact and gain awareness about your favourite college and see how long their course lasts to make necessary arrangements.
Before applying to a course in masters in business analytics in Canada, make it a point to be thoroughly informed about everything possible like the top universities, course duration, fee structure, etc. First, let us have a look at the program structure for the various business analytics courses in Canada.
We have listed everything you need to know about securing an MS/MBA in business analytics in Canada below. Find about the MBA in business analytics in Canada program structure, universities, cost, admission procedure, eligibility, scholarships, career opportunities, and FAQs in this guide. Let’s begin!
Canada appeals to most international students as a good study abroad destination. What with its brilliant universities, down-to-earth costs, multiple scholarships, and elite career opportunities, it really has become the new El Dorado for most students. If you’re among the ones who wish to pursue master in business analytics in Canada, then we got your back.
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5 Best Universities in Canada for Masters in Business Analytics
We have summarised the 5 best universities in Canada for a master’s in business analytics degree that will help you ace your course. Find below the colleges with MS in business analytics in Canada ranking, location, courses, their fees/duration, and other information so that you can smartly shortlist where to apply.
1. University of Alberta
Following are the key factors of the University of Alberta.
QS Ranking 2023
110
Institute Type
Public
Courses Offered
Master of Business Administration
UAlberta MBA (Business Analytics)
Complete tuition fees in CAD
59,780.64
59,780.64
Duration of the course
24 months
24 months
Location
Edmonton
2. York Schulich School of Business
Following is the course, fee structure, location, and other features of the York Schulich School of Business.
QS Ranking 2023
456
Institute Type
Public
Courses Offered
Master of Business Analytics (MBAN)
Complete tuition fees in CAD
80,150
Duration of the course
12 months
Location
Toronto
3. Carleton University
Following are the course, fee structure, location, and other features of Carleton University.
QS Ranking 2023
601-650
Institute Type
Public
Courses Offered
Sprott MBA concentration in Business Analytics
Master of Applied Business Analytics
Complete tuition fees in CAD
1,26,804.92
22979.02 (Annual)
Duration of the course
16 months
12-24 months
Location
Ottawa
4. Western Ivey Business School
Following are the course, fee structure, location, and other features of the Western Ivey Business School.
QS Ranking 2023
N/A
Institute Type
Public
Courses Offered
Master of Science in Management
MSc In Management Business Analytics
Complete tuition fees in CAD
69,950
Duration of the course
16 months
16 months
Location
London, Ontario
5. UBC Sauder School of Business
Following are the MSc in Canada requirements of UBC business school.
QS Ranking 2023
N/A
Institute Type
Public
Courses Offered
Master of Business Analytics (MBAN)
UBC MBA + MBA Dual Degree
UBC MSc in Business Administration
Complete tuition fees in CAD
60,249 + deposit fee 5000
90,057 + deposit fee 5000
Duration of the course
12 months
24 months
24 months
Location
Vancouver
Suggested: Cost of Living in Canada!
Eligibility Criteria for Masters in Business Analytics in Canada
To apply to the best universities in Canada for masters in business analytics, you will need to meet these eligibility criteria. Let’s explore them.
Educational Requirements
You must have completed a preferably 3 to 4 years long bachelor’s or undergraduate degree (or equivalent) in a related field with a B+ average (87-89%). Some universities accept only specific undergrad degrees for admission to master’s, so ensure you are fully aware.
English Language Proficiency Tests
Canada requires an English Language Proficiency Test like the IELTS or TOEFL that tests the language of international immigrants. The minimum average band score for the IELTS is 7.0 or 100 for TOEFL. This also varies from university to university.
Prior Work Experience
Other than these, having prior work experience or practical knowledge of your field adds heavy weightage to your student profile. Although not compulsory, prior work experience can really be a great add-on that pushes you towards more chances of acceptance. Exposure to subjects and topics related to the fields like calculus, statistics, programming, etc, are excellent assets.
Other Test Scores
Tests like the GMAT (minimum score around 550) or GRE (minimum score 155) must be covered to get admission to a master’s course in business analytics in Canada. This score is again flexible from university to university.
Suggested: Study Masters in Canada
Documents Required for MS in Business Analytics in Canada
Following are documents required for MS in business analytics in Canada.
- Academic transcripts as demanded by your course and university
- English language proficiency test scores
- GMAT/GRE test scores
- Proof of finances
- Statement of Purpose
- Letter of recommendation
- Your CV
- Prior work experience certificate (if any)
- Prior internships certificate (if any)
Admission Procedure for MS/MBA Business Analytics in Canada
After analyzing the available options, make sure to have a short list of universities you want to try. It is best to apply to multiple universities for safety. Follow these generic steps for a successful application procedure:
- Go to the official website of your university
- On the website’s search bar, type in the course you’re interested in
- Read the text that comes up thoroughly to understand everything about your course in detail
- Proceed to the “Apply Now” button that appears in most courses at the bottom
- The screen will guide you through a number of steps. You will be asked to turn in certain information and documents, so stay prepared.
- Next, submit the application fees. Remember that this will be non-refundable and a little expensive as well.
- Complete the registration procedure and keep a lookout for the results date.
- If you are admitted, reply to the admission offer you receive and pay the required tuition fees to secure your seat.
- Proceed with applying for a Canadian Study Permit.
Suggested: Requirements to Study in Canada for Indian Students
Cost of Studying MBA in Business Analytics in Canada
Studying abroad can be a little financially challenging for most people. But knowing the approximate value of your expenditure beforehand helps you with better preparation and lessens the burden significantly. The total cost of living and studying MBA in Business Analytics in Canada as an international student can be categorised as follows.
Pre-arrival Costs
These are the expenses you will have to meet before setting off for Canada.
Particulars
Cost in CAD
Visa
150
Canadian Study Permit
150
IELTS/TOEFL fees
250-245*
Registration fees
Variable
Flight tickets
Variable
GRE/GMAT fees
230-250
Tuition Fees
The average tuition fees for studying business analytics in Canada have already been summarised in the top colleges’ section. For a broader approach, the course costs between 20,000 CAD to 50,000 (per year) CAD depending on your college, location, course, duration, etc. Research-based and co-op courses have higher fees, while some have relatively lower.
Get the exact numbers from your university’s site while applying. There will always be a finance section or fee estimator where you can get an exact number of what to expect. Add the ancillary fees, deposits, insurance, stationary fees, etc, to get the complete information and plan accordingly.
Living Costs
Living in Canada as an international student can also be pretty expensive. The accommodation costs around 8000 to 10,000 CAD annually if you live on campus. Off-campus, in a shared apartment, the rent falls around 400-700 CAD monthly. The exact accommodation cost depends on living standards and locations. Travelling costs around 100 CAD per month, food costs around 350 CAD (again depending on diet and preferences), and keep an extra 200 CAD monthly for recreation, etc.
Suggested: Colleges in Canada with no Application Fee
Scholarships Available for Studying Business Analytics in Canada
To ease the burden of finances on students’ shoulders and promote higher studies and attract highly skilled immigrants to the nation, there are many scholarships supporting your masters. Make sure to apply to all that you’re eligible for to make the most out of this opportunity.
Name
Eligibility
Value
Ontario Graduate Scholarship 2022
Select universities
Partial funding
Agnes K. Missirian Scholarship
Armenian students
Partial funding
Global Citizen Scholarship 2022
For universities supported by MPOWER
Full funding
NLB Scholarships, 2022
Students of Singapore
Full funding
International Peace Scholarships (For Women)
Female candidates, only at approved universities
Full funding
Scotiabank Fellowship
International students
Up to 80,000
Suggested: Scholarship in Canada for International Students
Career and Scope of Business Analytics in Canada
One of the most pronounced reasons to study business analytics in Canada is the high ROI and career prospects it offers. Find below the job titles you can go for and the average salary of business analysts in Canada.
Job Title
Annual Average Salary of Business Analyst in Canada (CAD)
Data Analyst
58,544
Data Scientist
79,751
Business Intelligence Analyst
73,206
Revenue Management
92,134
Management Analyst
66,156
Market Research Analyst
80,834
Business Intelligence Managers
91,266
There are multiple reasons why anybody would dream of studying in Canada. For one, it offers really high student living standards and allows for cost-effective education opportunities compared to other destinations for studying abroad. Canada also has a very welcoming community, making it an ideal place to go as an international student.
The ROI of Canadian students is exceedingly high. The place offers numerous career prospects and growth, promising investment returns faster than most nations. Speaking of an MBA degree, Canada, being a developed nation, provides many opportunities for MBA graduates. The nation also generously gives easy citizenship, offers of permanent settlement, excellent salaries for business analysts, and much more to add to the sugar dust.
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Frequently Asked Questions about MSc in Business Analytics in Canada
Ques. How much is the average salary of business analyst in Canada?
Ans: The entry-level average salary of business analyst in Canada is CAD 77,000.
Ques. Should I go for business analytics if I don’t like coding?
Ans: A business analyst typically deals with more stats and less coding. You’re good to go.
Ques. Is business analytics in high demand?
Ans: Certainly, and the field is prospected to grow by 14% by 2024.
Ques. What is the most challenging aspect of being a business analyst?
Ans: You will meet many, but most find making decisions a herculean task.
Ques. Other than Canada, which country is the best for business analytics?
Ans. You can pursue business analytics courses in the US, UK, Singapore, France, and Germany.