Top 10 MBA Scholarships in Canada

Scholarships provide excellent ways of saving money while increasing chances of admission into top programs and gaining invaluable experience.

Applying to Canadian universities for an MBA degree can be an excellent way to further advance your career, yet its associated financial strain might seem intimidating. Luckily, Canada provides several scholarships specifically for international students that help alleviate some of this pressure.


At MBA Scholarships Canada we take an in-depth look at Canada’s Top Ten MBA Scholarships – providing insight into achieving your business education dreams!

Canada Offers MBA Scholarships

MBA Scholarships in Canada

1. Ontario Graduate Scholarship (OGS)

The Ontario Graduate Scholarship (OGS) is a merit-based award given to full-time graduate students enrolled in eligible programs at Ontario universities. OGS scholarships typically have a value of approximately $15,000. They may be renewed up to three times during each academic year.


To be eligible for an OGS scholarship, applicants must:

Be Canadian citizens or permanent residents and enrolled full-time in an eligible graduate program at an Ontario university; with at least a cumulative undergraduate grade point average of 3.6 on a 4.0 scale and strong academic credentials; as well as demonstrated leadership potential and demonstrate a desire for leadership development.

Be dedicated to having a positive impact on society The OGS application process is competitive; applicants must submit an application form, transcripts, letters of reference, and personal statements before the deadline in January.


2. Lester B. Pearson International Scholarship

The University of Toronto awards international students who demonstrate outstanding academic achievements a full tuition coverage scholarship award as part of this full award package. Recipients receive their full award.

The Pearson Scholarship provides full coverage for tuition, fees and living expenses at participating Canadian universities for two years of graduate study. Recipients also have access to mentorship programs as well as undertaking research projects across Canada.

To be eligible for the Pearson Scholarship, applicants must:

Be a citizen of a country other than Canada. Enrol in full-time master’s or doctoral program at participating Canadian universities Achieve at least an overall cumulative undergraduate grade point average of at least 3.7 on a 4.0 scale

Assert academic excellence, leadership potential, and public service commitment.
The Pearson Scholarship application process is highly competitive; applicants must submit a completed application form, transcripts, letters of reference and personal statement to qualify. The deadline to apply typically falls in October.

3. Rotman School of Management MBA Awards

Rotman School of Management at University of Toronto provides scholarships based on merit, leadership and diversity criteria to attract exceptional MBA candidates while increasing participation rates and diversifying its student body. Furthermore, these awards aim to foster diversity.

Rotman School of Management provides MBA students with various scholarships and awards that recognize academic merit, leadership potential, work experience and other criteria. Awards may also be granted depending upon these factors as well as other relevant considerations.

Rotman School of Management provides some of the premier MBA scholarships and awards available, such as its Rotman MBA Scholarship, Rotman Diversity Scholarship, Global Leadership Scholarship Women In Business Scholarship and Schulich Leaders Scholarships.

Rotman School of Management provides numerous MBA scholarships and awards; for more information please visit its website or reach out to its admissions office.

4. Alberta MBA Scholarships

Alberta School of Business offers MBA students various scholarships, such as its International Student Scholarship.

University of Alberta MBA scholarships available include the Alberta Innovates Technology Futures Scholarship with its $10,000 award; the Canadian Imperial Bank of Commerce (CIBC) Scholarship; Deloitte Scholarships; EY Scholarships; KPMG Scholarships; MacDonald Stewart Scholarships; National Bank of Canada Scholarships and PwC Scholarships are among many others available for consideration.

These MBA scholarships from the University of Alberta are just some of the many available; to see more scholarships visit their Scholarships website or get in touch with the MBA Program Office.

The University of Alberta also provides MBA students with various other forms of financial aid, including scholarships, loans, grants, and work-study programs.

5. Ivey Business School Scholarships

Ivey Business School at Western University awards scholarships to outstanding MBA candidates based on academic excellence, leadership potential and community service participation.

The Ivey Business School provides its MBA students with several financial aid options beyond scholarships; such as loans, grants, and work-study programs.

Ivey Business School is dedicated to helping all its students meet their academic goals, and our financial aid office will work closely with you to develop a financial aid package tailored specifically to your individual requirements.

6. Schulich School of Business Scholarships

Schulich School of Business at York University provides several scholarships, such as its International MBA Entrance Scholarship. This award acknowledges outstanding international students entering an MBA degree program.

7. Desautels Faculty of Management Scholarships

McGill University’s Desautels Faculty of Management offers international MBA students scholarships based on academic achievements, leadership capabilities and community service activities. Awards may also include cash payments.

8. Sauder School of Business Scholarships

University of British Columbia’s Sauder School of Business awards scholarships to MBA applicants who demonstrate excellence through their achievements, potential, and commitment to excelling at business studies.

9. Scholarships at HEC Montreal

HEC Montreal awards scholarships to international MBA candidates studying an MBA degree on its Montreal campus in recognition of academic excellence while creating an inclusive student body.

10. Simon Fraser University MBA Entrance Scholarships

Simon Fraser University provides MBA admission scholarships, such as its International Excellence Award which recognizes outstanding international applicants.

These MBA scholarships currently available in Canada are just some of the many that exist; to discover others, please conduct further research or contact admissions offices of specific MBA programs.

Tips on Applying to MBA Scholarships

Here Are Tips on Submitting Applications

1. Undergo Thorough Research

For an efficient scholarship program selection process, perform extensive research of its eligibility requirements, application deadlines and required documents.

2. Presentation of Accomplishments

Your application should showcase your academic achievements, leadership roles and community contributions.

3. Tailor Your Application

Make each scholarship application-specific by showing how your values and goals align with those of its funders.

4. Establish Strong Recommendations

Doing this will allow professors, employers and mentors to vouch for your qualifications.

5. Proofread Thoroughly

Before submitting application materials, always double-check them carefully for clarity, accuracy and professionalism.

Conclusion: Securing an MBA scholarship in Canada can make an impressive statement about your pursuit of higher education and professional advancement. By researching all 10 available scholarship options and customizing applications to suit their application and showing off achievements you increase the odds of finding financial support to pursue an MBA journey there.

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