Business schools or B schools specialize in business studies. They teach you many important skills such as economics and finance, social media marketing, taxation, and strategic management. These skills are very crucial in joining a business or establishing your own business. The most famous and known courses in the field of business administration are Bachelor of Business administration and Master of Business Administration. This article will talk about six reasons one should study in Canadian business schools. This article is not just meant for students, but working professionals, as well as the business school, do offer various short term courses for them. These six reasons will help you understand how does business programs work in Canada and how can you get the most out of it.
Some of the best business schools in Canada are Desautels School of Management (DSM), Schulich School of Business. To know more about business schools in Canada Read the article on Top 6 Business Universities/Colleges in Canada. All of these business schools need a student to have a minimum IELTS score of 6.5 and a TOEFL score of 86. English proficiency is essential for international students.
Employability is the most crucial aspect that can decide whether you should join a university/college course or not. Many Canadian Business schools have employability rates as high as 90 percent. The university has ties with many big institutions that will land up in the best jobs. The fact that the degrees are recognized worldwide and not just in Canada, can help you find jobs in other countries or in your home country as well. The Times Higher education, a global survey has also ranked Nine Canadian colleges in the list of the best colleges globally in terms of employment. Check that ranking here. The employability is high because business schools offer many industry-specific courses that make your career path very clear.
Some of the universities that provide the highest placement rates are the University of Toronto, Mc-Gill University, University of Alberta, and Mc Master University.
Ranking & Recognition
Ranking and recognition are the most important aspects to look at while you plan your higher education abroad. Most of the people tend to go to the USA because the rankings are really high. You will be amazed to know that many Canadian schools fall under the category of the top 100 best business schools in the world. Some of the highest-ranked business schools are the Rotman School of Management, Desautels school of management, and Schulich School of Management. Check the rankings of these schools here, and also check the Global MBA rankings here.
Two of the most famous business courses are BBA and MBA. But Canadian business schools offer business courses that are industry-specific and job-oriented. For example- Some schools will offer a Business course in hotel management, healthcare or technology. Some courses also allow you to choose your electives so that you can decide your courses as per your aspirations and interest. Other specializations include MBA in consulting, finance, and/or banking.
All the top business schools in Canada do offer 1 year/term/semester-long program called Executive MBA for working professionals. Other specializations program include 1 or 2 year-long certifications and/or diploma programs. Some of the diploma programs are diploma in strategic management or certification in block-chain development etc. There is also diploma in business management.
Financing is the most critical part while planning for higher studies. Canadian colleges offer plenty of scholarships to their international students. The tuition fee for business courses is between $25000 to $50000. ($= Canadian Dollars). You can get many need-based scholarships and merit-based in Canadian business schools. Canadian schools rank very high and they have very high employability. The investment is worth it. The fees for Canadian business schools are comparatively less than US business schools
The courses are most affordable for those who are planning to do a certificate or diploma as the duration is less. The duration is just 1 or 2 years, and in the end, you don’t receive a degree, but a diploma or a certificate. However, the skill that you will develop in your course will prove highly fruitful in the future.
Sheer Diversity & Networking
Indian students in most of the business schools ranked 2nd in terms of the student population. The University of Toronto is home to students from more than 159 countries. The University of Toronto has more than 1500 Indian students. York University hosts students from more than 60 countries every year. This sheer amount of diversity in terms of students and faculty will help you establish great networks. Networking is a key benefit of studying in a business school.
In a diverse environment, you can build even richer networks with many different people. From networking, you can meet people with a similar mindset and ideas. Business schools offer different entrepreneurship programs as well that can help you create your own unique startup as well.
Also read: A career in Environmental accounting after 12th.