The professional world is more data-driven and business-oriented than it has ever been. Companies in varying industries seek professionals who can solve business problems based on data accumulated by various methods and over long periods. This very demand increases the interest of young individuals in business analytics courses. Top business schools worldwide offer master’s degrees in business analytics. The most common degree offered is Master of Science or simply Master of Business Analytics. Being a top higher education destination, Canada has some of the best institutes for MS in Business Analytics. Let’s talk some more about MS in Business Analytics in Canada.
Why Study MS in Business Analytics in Canada?
Here’s why you should consider studying the course –
- Students worldwide aspire to study in Canada because it is regarded as one of the best countries in terms of quality of life.
- Some of the top universities for this course are in Canada.
- Canada welcomes immigrants with open arms.
- International students tend to find jobs in Canada and eventually get to settle for a better, more promising future.
- Canada gives you an extremely diverse living experience.
MS in Business Analytics – Course Overview
|Degree Offered||Master in Science in Business Analytics/ Masters in Business Analytics (MBAN)|
|Course Duration||12 to 24 months (generally)|
|Average Tuition Fee in Canada||$20k to $50k|
|Average Starting Salary||$35,000 to $65,000 (CAD)|
|LPT and Other Test Scores Accepted||IELTS*, TOEFL*, GRE*, GMAT*|
|Educational Background Req.||Mathematics, Statistics, Computer Analytics, Data Analytics|
Top Universities for Business Analytics Courses in Canada
The top universities for MS in Business Analytics in Canada are –
UBC Sauder School of Business
This top business school in Canada offers a 9/ 12 month Master in Business Analytics (MBAN) course. In addition to that, they also offer an MBA + MBAN course (24 months). According to UBC alumni, the program adds immense value to professional lives and personal lives.
Tuition Fee – $55,000 to $66,000
Schulich School of Business – York University
This York University business school offers Masters in Business Analytics (MBAN). It’s a 12-month full-time program. One of the perks of this program is that the students spend at least two terms (1 term = 12 weeks) working on real data in service of the community.
Tuition Fees for International Students – $80,150 (Total) or $26,714 (per term)
The degree offered for this field in HEC Montreal is Master of Science in Data Science and Business Analytics. This school claims to have a 100% placement rate. HEC Montreal is particularly popular among students from every corner of the world.
Tuition Fees for International Students – $30,000/ $30,500 (for the first four terms)
Top Engineering Colleges in Canada
Toronto Rotman School of Management
To help students lead and drive change in the data-driven industry, this school offers a Masters in Management Analytics instead of an MS in Business Analytics in Canada. It’s a full-time, 11-month course. The employment rate from this school is a whopping 94%. Most students are reported to get a job offer within six months of completing the course.
Total Tuition Fee for International Students – $67,160
Queen’s Smith School of Business
The Smith School of Business at Queen’s University offers a Masters of Management Analytics course. You can choose between the in-classroom or blended learning programs based on your location, lifestyle, work status, etc. The combined learning option lets students take classes online. The duration of this course is 12 months, just like most courses for MS in Business Analytics in Canada.
Tuition Fee for International Students – $76,750
Western Ivey Business School
The course offered at Western Ivey Business School is MSc in Management Business Analytics. The ideology behind this MSc course is to teach students how to translate knowledge into actions.
Total Tuition Fee for International Students – $69,950 (for January 2022 intakes) & $70,000 (for September 2022 and January 2023 intakes)
What are the best PGDM courses in Canada?
McGill Desautels Faculty of Management
The course offered here is Masters of Management Analytics. This program can be one year or one and a half years long. International students can apply here for the Summer 2022 academic session till January 31, 2022.
Tuition Fee for International Students – $54,990
Scholarships for Canadian Business Schools
Being able to afford tuition in Canada can be a subject of concern. Education in Canada can seem expensive for most international students. The tuition for courses like MS in Business Analytics in Canada can seem too high when you come from a country like India. In order to get some financial aid, international students can avail a number of scholarships based on merit and other criteria. These scholarships in Canada are funded by both government and private entities. These scholarships are also offered at the university level. University-wise scholarship programs are –
- Asia Top Talent Scholarships at UBC ($10,000 to $30,000)
- Merit-based Entrance Award and International Student Award at York University
- Entrance Scholarship at HEC Montreal
- Merit-based Awards at Western Ivey Business School
- Entrance Scholarships and Financial Aid at McGill University
Requirements to Pursue MS in Business Analytics
To qualify for admission into business analytics courses in Canada, overseas students must fulfill some specific criteria. The eligibility criteria can vary from university to university. However, some of the common requirements are –
- A bachelor’s degree in relevant fields (Mathematical Analytics, Computer Analytics, Data Analytics, Statistics, Calculus, Linear Algebra) from a globally recognized university
- At least a B or B+ grade in the final graduation exams
- Aspirants will have to produce GRE/ GMAT scores as universities require
- Similarly, students must have a qualifying language proficiency test score. Most universities in Canada accept a minimum IELTS score of 6.5 or 7, while 100 is the most sought TOEFL score
How to Apply for MS in Business Analytics in Canada
Students are advised to apply through the official websites of the universities that they are interested in. There are three intake periods in Canada – fall, winter, and summer. Admissions open a couple of months before each session. Candidates are also required to produce other documents in addition to academic history and test scores.
MS in Business Analytics in Canada – Application Process Prerequisites
The list of documents that students need to present during the application process is provided below –
- Letters of Recommendation (2 or more, as per university requirement)
- Transcripts (scorecards, certificates, degrees, and other academic documents)
- GRE, GMAT, IELTS, TOEFL scorecards
- SOPs, personal essays, etc.
*Note – Required documents may vary from university to university. Students will be informed about the same by their respective admissions offices.
What is the starting salary for graduates of Master in Business Analytics in Canada?
The starting salary of MBAN or MS in Business Analytics can be anywhere from $60,000 to $80,000.
What technical skills does a data analyst require?
Data analysts for business must have skills related to statistical analysis software like STATA, business intelligence, reporting software, data mining, visualization, programming languages like Python, etc.
What are some job titles for MS in Business Analytics graduates?
Some common job titles in this field are data analyst, business intelligence analyst, data scientist, system analyst, etc.
What other expenses do you have to bear other than tuition fees in Canada?
In addition to the tuition fee, international students also have to pay for food and groceries, accommodation, travel, flight tickets, application fee, visa, LPTs, health insurance, etc.