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MIM in Canada: Universities, Scholarships, Eligibility & Job Opportunities

MIM in Canada: Universities, Scholarships, Eligibility & Job Opportunities

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Aiming to study MIM in Canada as an international student? GyanDhan brings you a complete guide on universities, eligibility, requirements, jobs, and scholarships for MIM in Canada.

GyanDhan
Anjaney Chaturvedi
Updated on:  25 Oct 2023  | Reviewed By: 
Aman 
| 2.07K | 10  min read

Masters in Management in Canada is a two-year program designed for individuals who are interested in developing their leadership and management skills in a business setting. So what makes MIM in Canada a popular choice among international students:

  • list items It is a flexible course in its requirements inviting students from diverse fields like economics, engineering, finance, and more.
  • list items Compared to MBA in Canada, MIM programs are less expensive with a relatively high return on investment. The average fee for MIM courses is CAD 30,000 whereas that for MBA is CAD 50,000.
  • list items In contrast to an MBA, which calls for at least two to three years of professional experience, the master's in management program in Canada requires no or minimum work experience. It is therefore a fantastic option for fresh graduates who are just starting their professional careers.  

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Top universities for MIM in Canada

Desautels Faculty of Management
(McGill University )

31

Master of Management in Analytics (MMA)

Master of Management in Finance (MMF)

Master of Management in Retailing (MMR)

January 31, 2023

Rotman School of Management
(University of Toronto)

34

Master of Management Analytics (MMA)

January 25,2023

Sauder Business School
(University of British Columbia)

47

Master of Management

March 14, 2023

Haskayne School of Business
(University of Calgary)

242

Master of Management

Feb 1, 2023

John Molson School of Business
(Concordia University)

551-560

MSc Management

Feb 1, 2023


 

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Eligibility criteria to study MIM in Canada

The eligibility criteria for MIM in Canada varies across universities. Some basic requirements by top universities are:

  • list items Undergraduate degree: A three or four-year bachelor's degree from an authorized university with CGPA 3.0 out of 4.0 or B+ average or equivalent
  • list items GMAT or GRE score: Although not a mandatory requirement by all universities, standardized scores are generally preferred to make your application stand out.
  • list items Language requirements: English proficiency examinations are required for all international students seeking admission to Canadian universities. Minimum test scores are as follows: TOEFL: 85 - 100 IELTS: 6.5 - 7.0
  • list items TOEFL: 85 - 100
  • list items IELTS: 6.5 - 7.0
  • list items Quantitative proficiency: Some institutes like the Rotman School of Management also require you to have quantitative and computational proficiency.
  • list items Work experience: MIM does not necessarily require you to have work experience, however, having an experience of 1-2 years may be an added advantage.
  • list items Admission Interviews: Some universities may send you interview invites as a part of the admission process.
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Class Profile of Top MIM Universities in Canada

The academic background of students enrolling in MIM programs in Canada is diverse, with students holding degrees in disciplines such as economics, engineering, finance, mathematics, science, and environmental studies from universities around the world. It's worth noting that the statistics provided below are only averages and may vary from year to year.

Rotman School of Management

1 - 4 years

699

24 years

Desautels Faculty of Management

1-2 years

697

23 years

Sauder Business School

0-2 years

640

23 years

Haskayne School of Business

5 years

550

25 years

John Molson School of Business

6 years

580

28 years


Admission to these b-schools in Canada is highly competitive and meeting the minimum requirements does not guarantee acceptance. Although you are now aware of the best business schools, each university has its own distinct features. Join the GyanDhan community to know more about the value of the business school you are considering by connecting with prospective students, alumni, and university representatives.

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Documents required to apply for MIM in Canada

Admission to MIM colleges in Canada necessitates the submission of a number of documents. Some of the most common documents required are

  • list items Academic Transcripts
  • list items Resume, preferably one page
  • list items Two Letters of Recommendation along with contact information of the referees
  • list items Statement of Purpose or a personal statement or essay (as required)
  • list items IELTS / TOEFL scorecard
  • list items GMAT / GRE scorecard (not compulsory)  

Make sure that the documents are uploaded in the desired format and size.

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Admission process for MIM in Canada

While shortlisting universities for MIM in Canada, make sure to thoroughly evaluate the value offered by your targeted universities.

Let us know the approach to applying for MIM universities in Canada:

  • list items After finalizing the university you wish to study at, visit the university's official website and gather all information on eligibility and the selection criteria.
  • list items Submit scanned copies of all relevant documents (transcripts, resume, IELTS/TOEFL, GMAT/GRE scorecards).
  • list items Fill out the application form and submit it by paying the application fee, which generally ranges from CAD 100 to CAD 200.
  • list items You will receive the conditional offer letter once you have completed all of the requirements. The letter serves as a confirmation of your selection, following which you may reserve your seat at the specific university.
  • list items Pay your deposit by agreeing to the university's terms and conditions. The security deposit is non-refundable.


Suggested Read: All you need to know about MS in Canada

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Scholarships by MIM universities in Canada

There are numerous scholarships for international students in Canada. Some such scholarships for MIM in Canada have been discussed below:

Rotman School of Management

Merit Awards

CAD 5,000 to CAD 20,000

Vector Institute Scholarships in AI (VSAI)

CAD 17,500 (approx.)

Sandra Rotman Healthcare Scholarship

CAD 10,000

TD-MDAL Scholarship

CAD 10,000

Haskayne School of Business Master of Management Entrance Scholarship

Duration

1-year

Eligibility

All applicants to the Master of Management program are eligible

Selection criteria

Academic merit and potential to contribute to the management program

Sauder Business School

Regional top talent scholarship- Asia

CAD 5,000 - CAD 15,000

Community Impact Scholarship

CAD 5,000 - CAD 15,000

Global Business Leader of Tomorrow Scholarship

CAD 10,000 - CAD 15,000

Accelerated Career Scholarship

CAD 5,000 - CAD 15,000

International Talent Scholarship

CAD 5,000 - CAD 15,000


If you are unable to get a scholarship, an education loan is another option to finance your MIM degree in Canada. These loans can help cover your tuition fees, accommodation, and other expenses associated with studying in Canada. Check your loan eligibility at GyanDhan and find the best-suited education loan for you, the faster and smart way.

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ROI of MIM programs in Canada

The Return on Investment (ROI) of a Master in Management program in Canada can vary depending on several factors, such as the university, program duration, tuition fees, career goals, and the job market.

According to the 2022 QS MIM rankings, graduates of MIM programs in Canada can expect an average starting salary of around CAD 60,000 to CAD 80,000, depending on the university and the industry. This is relatively high compared to the average starting salaries of bachelor's degree holders in Canada, which is around CAD 50,000.

Rotman School of Management

CAD 72,360

CAD 79,226

Desautels Faculty of Management

CAD 60,345

CAD 82,914

Sauder Business School

CAD 58,677

CAD 49,878

Haskayne School of Business

CAD 47,070

CAD 57,000

John Molson School of Business

CAD 40,650

CAD 71,466

 

Must Read: Average cost of living in Canada for international students

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Job opportunities after MIM in Canada

Many universities offer co-op, internship, and part-time work opportunities in Canada that allow students to gain practical experience while studying, which can enhance their resumes and make them more attractive to potential employers after graduation. Some popular job options after MIM in Canada include

  • list items Management consultant
  • list items Marketing manager
  • list items Financial analyst
  • list items Research Analyst
  • list items Operations manager
  • list items Business development manager
  • list items Project manager
  • list items Assistant Manager

Top Recruiters for MIM in Canada

Rotman School of Management

Google, Scotiabank, Deloitte, Ontario health

Desautels Faculty of Management

PWC, SaniSource, Scotiabank, Ubisoft, Canalyst, CIBC, Citgo Group, Capital One

Sauder Business School

Ernst & Young, KPMG, Brex, Hootsuite

Haskayne School of Business

Dakota Analytics Inc., Carbon Management Canada, Avanti Software Inc.

John Molson School of Business

Amazon, Microsoft, PMG, Randstad Canada, RBC, CIBC


It's important to leverage the resources provided by your university's career advancement center, which can help you with job search strategies, resume writing, and interview preparation.

Studying MIM in Canada can be a great opportunity for students seeking to advance their knowledge and skills in the field of management. By now you must have a lot of queries, book a 30-minute free counseling session with GyanDhan experts and get them addressed the right way!

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Frequently asked questions

What is the cost of pursuing MIM in Canada?

The cost of pursuing MIM in Canada ranges from CAD 40,000 to CAD 72,000. Apart from tuition fees, it's important to consider the cost of living in Canada, which varies depends on the city the student is living. 

What the MIM in Canada course duration?

The MIM in Canada is a 2 - year course.

What are the top 5 MIM specializations in Canada?

Top MIM specializations in Canada are:
1. Supply Chain Management

  • list items Enterprise Management
  • list items International Finance
  • list items International Management
  • list items Business Administration

Is GMAT/GRE required for MIM in Canada?

GMAT/GRE scores are not pre-requiste for MIM in Canada for several business schools. However, possessing valid GMAT/GRE score increases one’s chances of admission in top business schools.

What is the average salary after MIM in Canada?

The average salary after MIM in Canada ranges from CAD 50,000 - 80,000. Students who have pursued management subjects during their bachelor’s program can expect higher salaries after MIM in Canada. 

The average salary after MIM in Canada ranges from CAD 50,000 - 80,000. Students who have pursued management subjects during their bachelor’s

Is MIM in Canada better tha MBA in Canada?

An MBA in Canada open doors to top-level managerial roles within the corporate sector, while an MIM in Canada is typically geared towards entry-level positions. MBA program caters to professionals seeking a higher qualification with a strong practical focus whereas MIM cater to young professionals seeking to enhance their management skills.

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