Updated at: 28-03-2023 - By: Eden Wise


What institutions spring to mind when one considers the top business schools in the world?

Definitely either the Wharton School at the University of Pennsylvania, the Tuck School of Business at Dartmouth College, or the Stanford Graduate School of Business. Those are some seriously impressive picks.

However, a serious student of business would be remiss to limit their studies to the domestic market alone.

Canada, the United States’ northern neighbor, is home to some of the world’s most innovative and prestigious business schools. These Canadian establishments, many of which are located in truly cosmopolitan cities like Toronto and Quebec, are familiar with the methods used to compete successfully in international markets.

Particularly for Canadian MBA Alliance participants. The MBA Alliance is a group of six outstanding universities that came together in 2013 to attract the best and brightest business minds in Canada and beyond.

The sextet cooperates to pool resources and recruit students and teachers from all over the world, and it consistently receives high rankings from publications like The Economist and Bloomberg Businessweek.

This list is based on a meta-analysis of previously published rankings of Canadian business schools. This list is compiled by tallying up each school’s average position across all other published rankings of the same program. The article includes a list of its sources, which can be found at its conclusion.

The top business schools in Canada are listed below.

Best Business Schools In Canada

Best business schools in canada

Rotman School of Management

More than three thousand people enroll in Joseph L. Rotman’s namesake management program each year. This campus in downtown Toronto is home to roughly 2,300 undergraduates and 1,000 graduate students. A full-time job in the field is found by 92.5% of graduates within six months of graduation, with an average salary of $115,000 for MBAs. At Rotman, students can tailor their MBA experience by selecting from more than 90 available electives to best prepare them for their chosen profession.

Learning by doing is a huge part of a business degree in Canada’s largest city and economic capital. Rotman students frequently participate in co-op programs with some of the world’s most prestigious companies like Amazon, J.P. Morgan, and Mercedes Benz.

Smith School of Business at Queen’s University

Smith School of Business at Queen's University

Sustainable finance, customer analytics, business venturing, social impact, corporate reporting and professionalism, and business research are just some of the specializations offered by the Smith School of Business at Queen’s University in Kingston, Ontario. Each year, Smith College educates more than 3,000 undergraduate, graduate, and doctoral students.

The School’s BComm program has an annual average cutoff of 87% for incoming students, making it one of the most competitive in Canada, despite having a 98% job placement rate for graduates. Many graduates go on to do internships or fill high-paying associate roles immediately after graduation thanks to the school’s close ties with corporate powerhouses in the financial sector, such as Scotiabank and IBM, which provide both financial and technological support.

Smith is particularly proud of its record of new venture creation. The Dare to Dream program at the university funds student-run ventures and encourages students to think entrepreneurially. Recently, the winner was Indie Tech, an AI-driven software startup founded by a Smith student.

Schulich School of Business

With a satellite campus in Hyderabad, India, as well as offices in China, South Korea, and Russia, Schulich is among the most internationally focused Canadian business schools. Both the Toronto and Hyderabad campuses are home to roughly 500 undergraduates and 400 graduate students. To improve participation, representation, perspectives, and inclusion of Black and Indigenous staff and students, Schulich recently established the Diversity, Equity, and Inclusion Working Group.

York has campuses on two continents and offices in four countries, making it a world leader in international business education. Among Canadian MBA programs, few can match this level of integration with global networks and resources.

McMaster University DeGroote School of Business

McMaster University’s DeGroote School of Business confers an MBA, just like the others on this list.

DeGroote’s Co-op MBA, however, sets itself apart from the competition by providing students with real-world experience. A Co-op MBA entails both classroom study and paid work experience at local businesses, giving students the best of both worlds.

This experimental method allows students to apply what they have learned right away.

Among DeGroote’s many world-class amenities is the Gould Trading Floor. With its three Bloomberg terminals, seven NEC displays, and twenty-one Thomson Reuters Eikon stations, the Gould Trading Floor is a comprehensive resource for students interested in the inner workings of the financial markets. The Gould Trading Floor is a one-of-a-kind learning resource, as it is one of only 30 of its kind in the world.

Alberta School of Business, University of Alberta

Alberta School of Business, University of Alberta

The University of Alberta’s Alberta School of Business is the first in the country to receive accreditation from the Association to Advance Collegiate Schools of Business, though it was not the first to offer a business degree.

Alberta’s program, which recognizes that a successful business leader requires a broad perspective on the economy, is marked by this indicator of the importance of research.

The Alberta Business Family Institute is just one of several active research centers at Alberta. The mission of the Institute is to strengthen family-owned businesses through scholarly training opportunities.

The Alberta Business Family Institute not only gives families the resources they need to start their own businesses, but also teaches them how to make the most of the opportunities they have.

Students, faculty, and industry professionals from Alberta collaborate on economic analyses of energy and environmental issues at the Centre for Applied Business Research in Energy and the Environment.

Researchers at the Centre compile data to inform policy briefs that shape Canadian legislation.

University of British Columbia 

About 500 bachelor’s and master’s degrees in fields like business and technology management, information and applied technology, and liberal arts and sciences are available at the University of British Columbia (UBC).

More than 1,300 research projects have been launched by the university in collaboration with local businesses, and the institution has helped to launch nearly 200 new businesses.

Students interested in pursuing a degree in business and commerce can do so at the Sauder School of Business.

Students at the undergraduate level can major in commerce. The required coursework for all students consists of lessons in microeconomics, marketing, finance, and accounting. Then they can focus on a specific area of study, such as business, real estate, finance, or supply chain management.

Students are encouraged to join student organizations (such as the Commerce Undergraduate Society), complete internships, and seek out mentors outside of the classroom.

UBC has produced over 60 Rhodes Scholars and over 200 members of the Royal Society of Canada, all of whom are alumni.

University of Toronto 

University of Toronto 

The Rotman School of Management at the University of Toronto confers master’s and doctoral degrees in business administration. Rotman Commerce is the name of the school’s undergraduate business program. When a student completes their studies at Rotman Commerce, they have the option to focus on either accounting, finance, or management.

Employer information sessions, individual career coaching, workshops, career exploration, site visits and career treks, and technical skills training are just some of the many career preparation opportunities available to Rotman Commerce students.

A robust alumni network is available to current students. More than 200 alumni mentors are matched with students each year through the Alumni Mentorship Programme. In addition to providing networking and advice opportunities, alumni can help you explore potential careers.

If you want to take your career to the next level, the Rotman School of Management has the professional development courses you need.

McGill University

The McGill University has been around since 1906, and since then, it has steadily increased its use of study methodologies across all of its faculties. Also, all of the courses are taught in English, and it is one of the oldest universities in Montreal. The Desautels Faculty of Management is a popular choice among Canada’s top students because of its stellar reputation and wide range of entry points into the business world. Numerous degrees can be earned from the Management Department. There is a Bachelor of Commerce program, a Master of Business Administration program, a Master of Management in Analytics program, a Master of Management in Finance program, a Master of Management in Retailing program, and a Doctor of Business Administration (DBA) program.

Western University

Western University

Western University, which has been around since 1878, is renowned throughout Canada for having the best academic programs. There are many paths available to you at any one of these 11 schools. There are more than eight business-related courses available at Ivey. Many non-Canadian students choose the Honours Business Administration Degree, the Master of Business Administration Degree, and the Master of Management in Analytics from among the eight programs offered. How come that is the case? As for the HBA reviews, it has been proven that graduates are equipped with the knowledge and confidence to launch their own successful businesses. Knowledgeable business students in Canada are now acting as risk-taking mechanisms to improve commercial ties and propel the country’s business sector forward.

University of Concordia

The University of Concordia is consistently ranked among the top ten business schools in Canada, thanks in large part to the university’s commitment to cutting-edge teaching practices. Because of the resources it offers to help students get ready for the job market of today and tomorrow. This institution is rapidly expanding and gaining recognition around the world thanks to the enrollment of more than 9,000 students from outside the United States. John Molson School of Business has a long history of encouraging the next generation of business leaders and entrepreneurs by providing them with a stimulating and supportive academic environment. In fact, this university’s business programs have consistently ranked among the best in the world. Students who enroll in one of John Malson’s MBA programs—whether it be a Full-Time or Part-Time MBA, an Executive MBA, or an MBA in Investment Management—will gain the knowledge and experience valued by today’s top companies.

York University Schulich School of Business

York University Schulich School of Business

York University’s Schulick School of Business recognizes the importance of having state-of-the-art facilities for its business students. In order to provide the next generation of business leaders with the tools they will need to succeed, Schulick has some of the best facilities, centers, and buildings in the country.

The 67,000-square-foot McEwen Graduate Study & Research building was made possible by a generous donation of $8 million, and it features not only a café and a fitness center, but also a number of group study rooms.

The McEwen atrium and courtyard are popular gathering places for students to discuss and plan business ventures and economic ideas.

York University’s Schulich School of Business is located on the Keele Campus, but it has international ties and hosts students from all over the world.

Toronto’s financial district is home to Schulich’s executive education center, along with campuses and satellite locations in Beijing, Shanghai, So Paulo, and Seoul. These materials have helped students at Schulich to comprehend the truly international scope of business.


How to get a job in Canada after MBA?

An international student must complete the full two years of a Canadian MBA program before being eligible to apply for a job in Canada. The next step is for students to apply for a three-year work permit and then begin their job search through online resources like Monster, CareerBuilder, etc.

Can I work on campus while studying in Canada?

Part-time employment on or off campus is only allowed for international students if specifically allowed for in their study permit. In addition, a student who finds a job on campus can do so in any of the institute’s structures.