Pursuing a Master of Business Administration (MBA) scholarships in Canada offers international students access to world-class education and diverse career opportunities. To alleviate the financial burden, numerous scholarships are available to support deserving candidates.
Below is a detailed overview of the top five MBA scholarships in Canada for 2025, including eligibility criteria, application procedures, and official websites for more information. GET STARTED
1. Ontario Graduate Scholarship (OGS) Program
The Ontario Graduate Scholarship (OGS) Program is a merit-based initiative supporting graduate studies at the master’s and doctoral levels in Ontario. Participating universities offer this scholarship, which is highly competitive among international students.
- Participating Universities:
- University of Toronto
- University of Waterloo
- York University
- McMaster University
- Western University
- University of Ottawa
- Queen’s University
- Brock University
- Carleton University
- University of Windsor
- Eligibility Criteria:
- Must hold a valid study permit.
- Must be enrolled at one of the participating universities in Ontario.
- Must be pursuing a two-year master’s program.
- If previously awarded for a different postgraduate program, applicants may not be eligible to reapply for an MBA scholarship.
- Scholarship Details:
- Offers CA $5,000 per academic session.
- The maximum duration of the award is two academic years.
- Application Process:
- Application deadlines are determined individually by each university.
- Separate applications must be submitted to each participating university.
For more information, visit the official OGS page: Ontario Graduate Scholarship Program
2. Rotman School of Management MBA Scholarships
The Rotman School of Management at the University of Toronto offers a range of scholarship opportunities for international students pursuing their MBA.
- Scholarship Details:
- Rotman Entrance Awards:
- Ranges from CA $10,000 to CA $90,000.
- Awarded based on academic performance and leadership potential.
- Rotman Fellowships:
- Merit-based fellowships covering a significant portion of tuition fees.
- Amount varies depending on the student’s profile and past achievements.
- Rotman Entrance Awards:
Read: Top Masters Scholarships in USA 2025
- Eligibility Criteria:
- Hold an undergraduate degree from a recognized institution with a minimum GPA of 3.0 in the final year.
- Submit GRE or GMAT scores; a minimum GMAT score of 550 is required, with a score of 650+ recommended for consideration for distinguished awards and scholarships.
- Have a minimum of two years of relevant work experience.
- Demonstrate proficiency in English through a minimum TOEFL iBT score of 100 overall or an IELTS score of 7.0.
- Complete two written essays, one Statement of Purpose (SOP), and one essay based on a topic provided in the admission portal.
- Provide two Letters of Recommendation (LOR).
- Application Process:
- No separate application process for these scholarships; consideration is automatic during the admission review process.
For more information, visit the Rotman School of Management’s scholarships page: Rotman MBA Scholarships
3. Schulich School of Business Scholarships
York University’s Schulich School of Business offers merit-based scholarships for both entrance and continuing students.
- Scholarship Details:
- Entrance Scholarships:
- Ranging from CA $25,000 to CA $40,000.
- Awarded to applicants exhibiting strong academic performance and achieving a high score on the GMAT test.
- Continuing Scholarships:
- Awarded to students demonstrating outstanding performance throughout their course of study.
- Entrance Scholarships:
- Eligibility Criteria:
- Demonstrated high academic achievement at the previous institution.
- Minimum of two years of relevant work experience.
- Must exhibit excellent communication skills and leadership qualities.
- If a recipient maintains a GPA of 7.0 or above during the first 30 credit hours, the scholarship may be renewed for the second year.
- Application Process:
- No separate application process for Entrance Scholarships; consideration is automatic during the admission review process.
- For Continuing Scholarships, students must apply as per the university’s guidelines.
For more information, visit the Schulich School of Business’s financial aid page: Schulich Scholarships and Awards
4. Alberta MBA Scholarships
The University of Alberta offers notable scholarships, including the Alberta Graduate Excellence Scholarship.
- Scholarship Details:
- Alberta Graduate Excellence Scholarship:
- Provides financial assistance to students with outstanding academic records.
- Alberta Graduate Excellence Scholarship:
- Eligibility Criteria:
- Possession of an undergraduate degree with a minimum score of 60%.
- Minimum of two years of work experience.
- GMAT score of 550 or higher or a GRE score at the 50th percentile.
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