This degree covers a lot of analytical thinking, such as analysis and prediction regarding economy and finance.
Men in suits and ties, in a glass meeting room, is how we picture the world of business. Well, at least that’s what we see in movies. If this inspires you to venture into business and management, getting a related degree is definitely a great start. Interested in making Canada as your desired destination for further your studies? Read more to find out!
What are business and management studies?
The field of Business and Management include a wide range of focused and specific roles that are devoted to organizing, analyzing, and planning various types of business operations. With the variety of the possible career paths you get, you’ll always be in demand!
What are the major fields in business and management?
With the enormous size of corporates today, more focused and specific roles are required to juggle and sustain the daily operations of an organization. The major fields of business and management include accounting, marketing, finance, economy and administration, which will be further described below.
Studying accounting allows you to help organizations to protect and grow their money in safe, legal ways. Accountants are also responsible for tracking and reporting financial information, which is crucial to every kind of business so accountants fill a vital role for pretty much every industry.
There is art in marketing a product. Popular brands like Nike, Starbucks and McDonald’s are some great examples of successful marketing. The sales of the product basically rely on how well marketing is. Marketing is not only about the advertising industry, but also the branding of a company!
This includes everything related to the production and consumption of goods and services. Students in economics can produce economic forecasts, perform risk analysis and advising on policy or business strategy accordingly.
A degree in finance will prepare students for a career in areas such as commercial banking, financial planning, investment banking and money managing. Students will be able to project future growth and analyze expenditure in order to strategize and control finances.
5. Business administration
In business administration, students can learn to make complex business decisions with the management and analysis skills they learn from this major.
Entrepreneurship will teach you the skills you need to start a ground-breaking and innovative business, challenging the traditional commerce. With that, you can also create job opportunities!
What are the entry requirements and qualifications?
The minimum entry requirements vary between programs and level, so read the course information on the website of the institution of your choice carefully and contact them to ask for advice if you need. Generally, in order to study the Bachelor of Business Administration (BBA) in Canada, there is a range of entry requirements that you have to take note of.
English language requirement
You may need to submit the results of an English language test to apply for the course. The level of English language skill required can be different for your student visa application and institution enrolment. IELTS is one of the English language tests you can consider as it is widely accepted including Canada.
Again, the minimum requirements for each institution are different so make sure that you check with the institution. A Foundation Course, also called a bridging study, can help you meet the entry requirements that are same as the academic requirements of a Canada high school qualification. It is usually a year-long and are offered by most tertiary education institutions.
Also read: General Visa Requirement for Canada
How long will I be studying this programme?
A Business and Management programme is available for a different level of studies including Bachelor’s Degree, Master’s Degree and PhD and the duration of study for these levels are different. The duration of study for a programme of the same level offered by different institutions could be different too.
2- 4 years
1 - 2 years
1 - 2 years
Also read: Cost of Living in Canada
How much does it cost to study Business and Management?
The cost of studying a Business related course depends on your level of study level and institution. Studying in Canada can be relatively more expensive, especially for an MBA! Here are the estimated fees of studying Business and Management in Canada according to study levels:
Estimated Fees per year
RM90,000 - RM120,000
RM100,000 - RM140,000
RM60,000 - RM100,000
What are the job opportunities?
In the field of business and management, students can explore different industries in the private sector or government agencies. The demand for professionals with the background of business and management is always high. Check out the opportunities you have here:
- Social media specialist
- Financial analyst
- Management consultant
- Risk analyst
- Advertising specialist
- Commercial banker
- Corporate treasurer
And many, many more!
Universities in Canada offering Business and Management programmes
Since business and management is always in high demand, many universities and college offer related programmes to produce more experts for the industry. there are more than 40 colleges across Canada that now offer some type of business or management program. Here are some institutions in Canada that provide programmes in this discipline:
1. University of Waterloo
The University of Waterloo started operations in 1957 at the height of the Cold War. The University was among the first in the world to offer students access to powerful computers of that era. Today, it is ranked 173 in the QS World University Rankings 2020. Studying for a degree in the University of Waterloo can cost a whopping RM160,000 per year!
2. Thompson Rivers University
Thompson Rivers University is a university located in Kamloops, British Columbia, Canada. The University offers over 140 on-campus programs across its nine faculties and schools. International enrolment exceeds 1,750 students per semester, with students coming from 85 nations worldwide.It offers a great variety of Business related programmes which have 2 intakes annually.
3. University of Alberta
University of Alberta is one of the top five universities in Canada and the top 100 in the world. There are more than 200 undergraduate programs and 18 faculties across five campuses with more than 7,000 international students.
4. Queen’s University
Queen’s University is a public research university, located in Kingston Ontario. The school is home to international students from more than 100 countries. Queen’s Smith School of Business offers undergraduate and graduate students a BCom program and 4 MBA programs.
5. University of British Columbia
The University of British Columbia is a public research university with campuses in Vancouver and Kelowna, British Columbia. Established in 1908, UBC is British Columbia's oldest university. The university has ranked among the top three universities in Canada.
6. University of Toronto
The University of Toronto is a public research university in Toronto, Ontario, Canada, located on the grounds that surround Queen's Park. The Rotman School of Management at the University of Toronto has a long history with courses in commerce and management being since 1901.
Students may pursue undergraduate and graduate programs in business administration, finance, and commerce. Its curriculum merges business with other interdisciplinary studies, so students can pursue their interests and achieve a breadth of experience in various fields.
7. Western University
The University of Western Ontario, corporately branded as Western University as of 2012 and commonly shortened to Western, is a public research university in London, Ontario, Canada. Western’s Ivey School of Business may have fewer programs on offer than other business schools, but their quality does stand out from the rest.
Its undergraduate Honours Business Administration is offered in a 2+2 format, so students may pursue subjects that interest them in the first two years of their studies, then focus on business studies in the last two.
8. York University
The Schulich School of Business at York University is ranked as top 1 in Canada by Forbes, CNN Expansion & Corporate Knights. The school offers a popular Bachelor of Business Administration program at the undergraduate level, which offers students the possibility to study abroad in any partner schools. At the graduate level, there are also multiple MBA programs, graduate diploma programs, and a PhD program.
9. McMaster University
McMaster University is a public research university in Hamilton, Ontario, Canada. Its business school offers a range of study programs, including a Bachelor of Commerce, Bachelor of Commerce, MBA and PhD programs, executive development and international exchanges. The school’s Commerce Internship Program provides commerce students with the chance to work for 12 to 16 months.
Also read: University Rankings in Canada