Canada’s job market is the hotspot for students from far-off lands. According to the Canadian Manufacturers and Exporters (CME) annual labor survey report, employers across Canada are actively seeking to fill 1,005,700 vacant positions due to a lack of skilled workers. In addition, the country’s economy lost approximately $13 billion USD over the past year because of the labor shortage.
As the nation faces a labor shortage, the Canadian government continues prioritizing immigration to attract more skilled workers and avoid labor market displacement. Simultaneously, the job market in Canada is strong and highly competitive, presenting numerous opportunities for students after completing their studies. If you are planning to pursue a Master of Business Administration (MBA) abroad, Canada is an excellent place to start your career as an international student.
Interestingly, Canada is home to many top-notch business schools that offer cutting-edge curricula. Renowned Canadian business schools focus on preparing students to succeed globally. If you are looking forward to becoming a global business leader, we will tell you why Canada is a leading destination to pursue an MBA. Read on to discover the benefits of doing an MBA in Canada.
Advantages of pursuing an MBA in Canada
Earning an MBA can boost your career path, helping you land a high-paying job. Here are the reasons to acquire a business education from a top-tier university in Canada:
1. High academic standards
Top Canadian universities are regularly featured in well-recognized global rankings, like QS Research and Times Higher Education, for offering high-quality education. These top-ranked Canadian universities offer tailor-made MBA curricula to prepare students to take on challenging situations by applying pragmatic solutions.
2. Affordable fees
Earning an MBA in Canada is comparatively less expensive than in its foreign counterparts. According to a report published by International Education Specialists, fees for MBA courses in Canada range between $30,000 and $40,000 CAD less than what universities in the US charge students. In addition, the cost of living in Canada is also less than many study destinations worldwide.
3. Value for money
Earning an MBA in Canada is a good return on investment for international students. The nation is highly regarded for producing the most employable MBA graduates annually. An MBA graduate in Canada makes $133,000 CAD per year. According to ca.talent.com, entry-level MBA positions start at $51,965 CAD per year in Canada.
4. Multicultural environment
Canada made multiculturalism an official policy in 1971, recognizing that Canadians come from a wide variety of cultural backgrounds and that all cultures have intrinsic value. Canada was the first country in the world to adopt a multiculturalism policy. Since then, the nation has been popular for multiculturalism. Canadians are charming and warmly welcome and accept people from all corners of the world.
5. Learn business through a hands-on approach
To succeed in the highly competitive business landscape, students must possess practical skills as well as in-depth business knowledge. In fact, an MBA course combines academic knowledge and practice to prepare students for the real business world. Choosing an MBA in Canada provides a hands-on learning experience to thrive in business.
Studying MBA at a Canadian university ensures you get the most out of your money. So, improve your professional prospects by applying for an MBA course in Canada.