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

    Updated on: 16 Sep 2023

    Study MIM in Canada - complete guideline 

    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:

    • It is a flexible course in its requirements inviting students from diverse fields like economics, engineering, finance, and more.
    • 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.
    • 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


    QS Ranking 2023

    Program Offered

    Application Deadline

    Desautels Faculty of Management
    (McGill University )


    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)


    Master of Management Analytics (MMA)

    January 25,2023

    Sauder Business School
    (University of British Columbia)


    Master of Management

    March 14, 2023

    Haskayne School of Business
    (University of Calgary)


    Master of Management

    Feb 1, 2023

    John Molson School of Business
    (Concordia University)


    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:

    • 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
    • GMAT or GRE score: Although not a mandatory requirement by all universities, standardized scores are generally preferred to make your application stand out.
    • Language requirements: English proficiency examinations are required for all international students seeking admission to Canadian universities. Minimum test scores are as follows:
    • Quantitative proficiency: Some institutes like the Rotman School of Management also require you to have quantitative and computational proficiency.
    • 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.
    • Admission Interviews: Some universities may send you interview invites as a part of the admission process.

    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.


    Average Work Ex

    Average GMAT Score

    Average Age

    Rotman School of Management

    1 - 4 years


    24 years

    Desautels Faculty of Management

    1-2 years


    23 years

    Sauder Business School

    0-2 years


    23 years

    Haskayne School of Business

    5 years


    25 years

    John Molson School of Business

    6 years


    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.

    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

    • Academic Transcripts
    • Resume, preferably one page
    • Two Letters of Recommendation along with contact information of the referees
    • Statement of Purpose or a personal statement or essay (as required)
    • IELTS / TOEFL scorecard
    • 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:

    • 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.
    • Submit scanned copies of all relevant documents (transcripts, resume, IELTS/TOEFL, GMAT/GRE scorecards).
    • Fill out the application form and submit it by paying the application fee, which generally ranges from CAD 100 to CAD 200.
    • 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.
    • 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

    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

    Award/ Scholarships


    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


    CAD 1,000 to CAD 10,000




    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.

    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.


    Tuition fee (per year)

    Average Salary (per year)

    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

    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

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

    Top Recruiters for MIM in Canada


    Top Recruiters

    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!

    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

    • Enterprise Management
    • International Finance
    • International Management
    • 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.

    First published date: 18 Mar 2023

Picsart 08 15 07.42.27

About author

Anjaney Chaturvedi
Anjaney has in-depth knowledge of abroad colleges, and universities. With a background in Mechanical Engineering, he has a unique understanding of STEM courses. His interest also lies in finance and education financing. Firmly believes in ‘Being as unique as your fingerprint’.

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