Are you someone who prefers people over machines and talking to people over chatbots? Does tirelessly planning anything from the scratch excite you? Well then, a business degree in Canada would create a pathway for achieving your dreams of a vivid career rather than a regular job!
Sounds interesting, right? We’re sure! The manifold of business degrees are highly rewarding not just when you work for an organisation, but also when you are a forerunner as an entrepreneur whose strategies help people/businesses quickly solve their complex problems.
Continue reading to know more about studying a business degree, cost of studying, eligibility criteria and the bright career opportunities ahead of you.
Roles and responsibilities of a Business Degree Holder:
A business degree holder’s role is classified into two broad categories; specific and focused roles. In both roles, you will be expected to plan, analyse and organise various types of business operations which stand out from the worldwide target competitors, strategically. The much on-demand MBA degree in Canada involves both theoretical and practical curriculum to equip you to meet the expectations of many fortune 500 organisations across the world.
The 4 on-demand Business Degrees in Canada
Marketing is ideally an art. As people say, art can never be taught, but the artists’ craft can always be moulded in multiple ways. Similarly, business degrees in Canada can help you understand and adapt to the requirements of multiple brands and enable you to put forth your creative thoughts in the right areas to convert them into marketing goals of businesses. For instance, Nike, McDonald’s and Starbucks are some of the brands you can take inspiration from for their smart marketing strategies.
Anything and everything in business, related to consumption and production of goods and services fall under this category. In the case of you choosing a business degree in Canada with economics as a major in the future, you would ideally be able to forecast the entire economic plan of an organisation, provide financial advice on business strategies and policies, and perform effective risk analysis accordingly.
Managing finance is not an easy task unless you approach it strategically, or change your plans periodically depending on the business’ revenue generation stream. So, here comes the benefits of a business degree in Finance.
Once you finish the finance business degree in Canada, the opportunities are endless in career areas such as investment banking, money managing, commercial banking and financial planning. The other exciting aspects of studying a finance business degree abroad is that you could become a financial advisor to artists, sportspersons, and CEOs. So, make sure to keep an eye on some of the financial courses that would work best for you.
4. Business Administration
One of the unique courses in the business stream is the Business Administration Degree. The career scope of this major varies from country to country. Some of the developed countries’ firms including Canada, the US and the UK are searching for skilled business administration professionals to strategise and make complex decisions for their businesses. Since the role involves effective communication with stakeholders, many companies are hawk-eyed and select students from the many universities in Canada (owing to the country’s education excellence).
Entry requirements and Eligibility to study a Business Degree in Canada
The basic entry requirements differ from study programs and level of studies such as UG and PG, PhD. Some of the common requirements are as follows:
- An international student must have completed schooling with a minimum score of 70 to be eligible for applying for an undergraduate degree (mathematics major is a must).
- English Language Test - IELTS score of 6.5 with 6.0 minimum score in the writing or equivalent. For paper-based TOEFL it is 600 and above.
- For a PG business degree in Canada, international students should have got a better score in some standard tests like GMAT (580 -600) and GRE (1200-1500) with a 4-year bachelors degree.
- For an MBA degree in Canada, international students are required to have work experience between 2 and 3 years. The years of experience required varies from university to university.
Course duration and the cost of studying business degrees in Canada
|Level of study||Duration||Estimated cost|
|Bachelor’s Degree||2 to 4 years||21,441.34 to 28,590 US$|
|Master’s Degree||1 to 2 years||23,823 to 33,354 US$|
|PhD Degree||1 to 2 years||15,000 to 24,000 US$|
Business Degree Salaries in Canada
Graduating from either an acclaimed university or from one of the top business schools in Canada will provide international students with a sea of opportunities. Many renowned firms across the world participate in the on-campus recruitment drive at Canadian Educational Institutions and recruit a large number of international students every year.
Are you thinking about how much you could earn from being a business degree graduate in Canada? Well, as per the NACE’s Fall 2018 survey, the average salary range of various business degree graduates in Canada is as follows:
|International Business||59,490 $|
|Business Management||51,208 $|
|Finance||55, 811 $|
|Marketing||46, 160 $|
|Management Information System||58,628 $|
|Business and Economics||53,033 $|
|Human Resource Management||42,904 $|
|Finance & Accounting||52,810 $|
Educational Institutions to study a business degree in Canada
1. Toronto School of Management
The Toronto School of Management offers business courses to international students such as Diploma in Business Administration, Diploma in Business Management, and Diploma in Digital Marketing Specialist with partial scholarships and bursaries.
2. University of Fraser Valley
The University of Fraser Valley offers a Bachelor’s and Diploma program in Business Administration. Besides, the University offers UFV President’s Entrance Scholarships ($4,000) and UFV Excellence Entrance Scholarship ($3000), to support international students to complete their course without financial hindrance.
3. Brock University
Brock University in Canada offers Business courses such as Bachelor of Accounting, Bachelor of Business Administration, Business Administration Co-op International Double Degree, Business Communication, and Bachelor of Business Economics. Also, the University provides international students with a unique scholarship (for business programs -Bluma Appel Graduate Entrance Scholarship for Excellence in Business) worth $8,998.33 for academically outstanding students.
4. Lakehead University
Lakehead University offers courses in Business Administration (Bachelor’s), Business Administration (MBA - Masters), Business Management (MBA - Masters) and Bachelor of Economics. Lakehead University’s International Entrance Scholarships is automatically allocated to full-time undergraduate international students based on their academic average: for 90 %+, 80.0% - 89.9%, 75.0% - 79.9%, the scholarship value per year is $7,500, $5,000 and $4,000 respectively.
5. Thompson Rivers University
Thompson River University offers a wide range of business degrees including Bachelor of Business Administration, Graduate Diploma in Business Administration, Master of Business Administration - MBA Degree, and Bachelor of Business Administration (Major in Economics). The University offers International Athletic Scholarships for students who demonstrate athletic excellence and in other sporting activities like, Basketball, Badminton, Soccer, Baseball, and Volleyball.
So, being a business person in Canada is one of its kind and dream -cum-true life for many international students. The experiences shared by students who graduated from Canadian Universities are top-notch, and you could be one of them!
Get ready to ignite your career with a business degree in Canada.
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