International students seeking higher education are increasingly choosing Canada as their destination, especially because of its esteemed MBA programs. The top-notch education, multicultural atmosphere, and cutting-edge approaches to business studies are widely recognized attributes of Canadian colleges and business schools.
However, many prospective students may find the expense of an MBA degree to be a major deterrent. Fortunately, there is no shortage of scholarships to lessen the financial load. The top 8 MBA scholarships in Canada for 2025 are highlighted in this post, together with vital details on how to apply and what to anticipate from these chances for aspiring students.
1. Rotman School of Management Scholarships
The Rotman School of Management at the University of Toronto is one of Canada’s leading business schools. It offers several scholarships to MBA students, both domestic and international. Some of the notable scholarships include:
Rotman Entrance Awards
These awards are given based on academic excellence, leadership potential, and significant work experience. The amount varies, but it can cover a substantial portion of tuition fees. All applicants to the Rotman MBA program are automatically considered for these awards during the admission process.
Rotman Diversity and Inclusion Awards
These scholarships aim to promote diversity and inclusion within the MBA cohort. They are awarded to students who demonstrate a commitment to fostering an inclusive community. The award amount varies, and recipients are selected based on their application essays and interviews.
2. Ivey Business School Scholarships
Ivey Business School at Western University offers a range of scholarships for its MBA program. These scholarships are designed to attract high-caliber candidates from various backgrounds.
Ivey MBA Scholarships
These merit-based scholarships are awarded to students with outstanding academic records, leadership abilities, and professional achievements. The scholarship amount can be significant, helping to offset the cost of the MBA program. All applicants are automatically considered for these scholarships during the admission process.
Ivey Forté Fellowship
In partnership with the Forté Foundation, Ivey offers the Forté Fellowship to women pursuing an MBA. This fellowship aims to increase the number of women in business leadership roles. Recipients receive financial support, access to Forté’s network, and leadership development opportunities.
3. Schulich School of Business Scholarships
York University’s Schulich School of Business is known for its diverse and inclusive MBA program. The school offers several scholarships to support students financially.
Schulich MBA Entrance Scholarships
These scholarships are awarded based on academic excellence, leadership potential, and community involvement. The award amounts vary, and all applicants are automatically considered during the admission process.
Robert Krembil Scholarship of Merit
This prestigious scholarship is awarded to an incoming MBA student who demonstrates exceptional leadership skills and academic excellence. The scholarship covers full tuition and provides a stipend for living expenses.
4. Sauder School of Business Scholarships
The Sauder School of Business at the University of British Columbia offers a variety of scholarships to MBA students, aiming to attract top talent from around the world.
UBC MBA Entrance Scholarships
These scholarships are awarded to students who demonstrate strong academic performance, leadership potential, and a commitment to their communities. The scholarship amounts vary, and all applicants are considered during the admission process.
Hari B. Varshney MBA Entrance Scholarship
This scholarship is awarded to an outstanding MBA student who demonstrates leadership qualities and academic excellence. The recipient receives a significant financial award to support their studies.
5. Smith School of Business Scholarships
Queen’s University’s Smith School of Business offers a range of scholarships for MBA students, focusing on academic excellence and leadership potential.
Smith MBA Scholarships
These merit-based scholarships are awarded to students with strong academic backgrounds and significant professional achievements. The scholarship amounts vary, and all applicants are automatically considered.
Smith Diversity and Inclusion Scholarships
These scholarships aim to promote diversity within the MBA program. They are awarded to students who demonstrate a commitment to fostering an inclusive environment. Recipients are selected based on their application essays and interviews.
6. Desautels Faculty of Management Scholarships
McGill University’s Desautels Faculty of Management is renowned for its rigorous MBA program. The school offers several scholarships to support students financially.
McGill MBA Entrance Fellowships
These fellowships are awarded to students with exceptional academic records, leadership potential, and professional achievements. The fellowship amounts vary, and all applicants are automatically considered.
Desautels International MBA Scholarship
This scholarship is awarded to an international MBA student who demonstrates academic excellence and leadership potential. The recipient receives a significant financial award to support their studies.
7. Haskayne School of Business Scholarships
The Haskayne School of Business at the University of Calgary offers a variety of scholarships to MBA students, aiming to attract top talent from around the world.
Haskayne MBA Entrance Scholarships
These scholarships are awarded to students who demonstrate strong academic performance, leadership potential, and a commitment to their communities. The scholarship amounts vary, and all applicants are considered during the admission process.
Canadian Centre for Advanced Leadership in Business (CCAL) Scholarships
These scholarships are awarded to MBA students who demonstrate exceptional leadership potential and a commitment to ethical business practices. The scholarship amounts vary, and recipients are selected based on their application essays and interviews.
8. Alberta School of Business Scholarships
The Alberta School of Business at the University of Alberta offers a range of scholarships for MBA students, focusing on academic excellence and leadership potential.
Alberta MBA Scholarships
These merit-based scholarships are awarded to students with strong academic backgrounds and significant professional achievements. The scholarship amounts vary, and all applicants are automatically considered.
Michael Lang MBA Award
This prestigious award is given to an MBA student who demonstrates exceptional leadership skills and academic excellence. The recipient receives a significant financial award to support their studies.
Conclusion
Obtaining an MBA in Canada can be a life-changing experience that equips students with the abilities and know-how required to succeed in the business sector. However, many prospective students may find the expense of an MBA degree to be a major deterrent.
Thankfully, there are numerous scholarships available from Canadian business schools to lessen the financial load. The scholarships that are featured in this article are among the greatest that will be offered in 2025. Students may concentrate on their studies and make the most of their MBA experience in Canada by utilizing these scholarships.
