With global companies investing heavily in data-driven strategies, a Master’s in Business Analytics (MSBA or MBAN) from a Canadian university can open doors to high-paying roles, strong post-study work options, and a potential path to PR. In this guide, we’ll cover the top 10 universities for Business Analytics in Canada, what makes them stand out, and everything you need to know about eligibility, cost, and career prospects.
Top 10 Universities for Masters in Business Analytics in Canada
Here is the list of top 10 universities for Master’s in Business Analytics in Canada:
| University | Speacialisaion | Tution Fees (INR/CAD) |
|---|---|---|
| University of British Columbia (UBC) | Master of Business Analytics (MBAN) | ₹22,50,000 (CAD 40,000) |
| University of Toronto (Rotman School of Management) | Master of Management Analytics (MMA) | ₹21,00,000 (CAD 38,000) |
| Western University (Ivey Business School) | MSc in Management – Business Analytics | ₹23,00,000 (CAD 42,000) |
| McGill University | Master of Management in Analytics (MMA) | ₹20,00,000 (CAD 35,000) |
| Queen’s University (Smith School of Business) | Master of Management in Analytics (MMA) | ₹20,50,000 (CAD 36,000) |
| HEC Montréal | MSc in Data Science and Business Analytics | ₹18,00,000 (CAD 32,000) |
| York University (Schulich School of Business) | Master of Business Analytics (MBAN) | ₹21,50,000 (CAD 38,000) |
| University of Alberta | MBA with Business Analytics Focus | ₹19,50,000 (CAD 34,000) |
| University of Waterloo | Master of Data Science and Artificial Intelligence | ₹23,50,000 (CAD 43,000) |
| Concordia University (John Molson School of Business) | MSc in Business Analytics and Technology Management | ₹19,00,000 (CAD 34,500) |
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1. University of British Columbia (UBC)
UBC offers a cutting-edge Master of Business Analytics (MBAN) program through the Sauder School of Business, blending data science, business strategy, and technology. With strong industry connections in Vancouver, the program emphasises real-world data challenges and hands-on analytics experience.
- Program: Master of Business Analytics (MBAN)
- Duration: 12 months
- Location: Vancouver
- Highlights: 4-month Analytics Consulting Internship, where students collaborate with industry partners to solve real-world business challenges
- QS World University Ranking 2025: #47 globally
- QS Business Analytics Ranking 2025: #31 globally
2. University of Toronto (Rotman School of Management)
Rotman’s Master of Management Analytics (MMA) prepares students to lead data-driven decision-making in business. Located in Toronto, Canada’s financial hub, the program focuses on advanced analytics, AI integration, and practical business applications.
- Program: Master of Management Analytics (MMA)
- Duration: 11 months
- Location: Toronto
- Highlights: 2-month industry-integrated risk management project
- QS World University Ranking 2025: #25 globally
- QS Business Analytics Ranking 2025: #13 globally
3. Western University (Ivey Business School)
Ivey’s MSc in Management – Business Analytics stream delivers a case-based, action-oriented curriculum. With a focus on strategic thinking and data storytelling, students gain the analytical tools needed to drive insights across industries.
- Program: MSc in Management – Business Analytics
- Duration: 16 months
- Location: London, Ontario
- Highlights: Case-based learning, Ivey’s employer network, offers a Co-Op option
- QS World University Ranking 2025: #49 globally
- QS Business Analytics Ranking 2025: #50 globally
4. McGill University
McGill offers a Graduate Certificate in Applied Business Analytics and integrates analytics into various business disciplines. Situated in Montréal, students benefit from a strong research culture and access to bilingual business environments.
- Program: Master of Management in Analytics (MMA)
- Duration: 12 months (can also be part-time for 24 months)
- Location: Montreal
- Highlights: Offers Experiential Module, a core component where students collaborate with industry professionals over a 10-month period to solve significant data and analytics challenges
- QS World University Ranking 2025: #29 globally
- QS Business Analytics Ranking 2025: #18 globally
5. Queen’s University (Smith School of Business)
The Smith Master of Management in Analytics combines online learning with in-person sessions, ideal for working professionals. The program focuses on solving real-world business problems using big data, predictive models, and visualisation tools.
- Program: Master of Management in Analytics (MMA)
- Duration: 12 months
- Location: Toronto
- Highlights: Dual Certification Pathways for industry-ready courses, 2 one-week intensive learning sessions
- QS World University Ranking 2025: #79 globally
- QS Business Analytics Ranking 2025: Not specifically ranked
6. HEC Montréal
HEC Montréal’s MSc in Data Science and Business Analytics is known for its quantitative rigour and trilingual instruction. The program emphasises applied statistics, machine learning, and data engineering in business contexts.
- Program: MSc in Data Science and Business Analytics
- Duration: 16–24 months
- Location: Montreal
- Highlights: Affordable tuition, bilingual options, solid academic foundation
- QS World University Ranking 2025: #151–200 globally
- QS Business Analytics Ranking 2025: #81–90 globally
7. York University (Schulich School of Business)
Schulich’s Master of Business Analytics (MBAN) integrates business strategy with advanced data analytics. Located in Toronto, the program includes a consulting project that helps students gain hands-on experience with real-world business data.
- Program: Master of Business Analytics (MBAN)
- Duration: 12 months
- Location: Toronto
- Highlights: Real-world consulting projects, Toronto tech hub access
- QS World University Ranking 2025: #362 globally
- QS Business Analytics Ranking 2025: Not specifically ranked
8. University of Alberta
The Alberta School of Business offers a strong foundation in business analytics through its MBA and certificate programs. Emphasising applied learning, students work with real datasets and explore analytics in operations, finance, and marketing.
- Program: MBA with Business Analytics Focus
- Duration: 20 months
- Location: Edmonton
- Highlights: Strong quantitative training, lower cost of living
- QS World University Ranking 2025: #96 globally
- QS Business Analytics Ranking 2025: Not specifically ranked
9. University of Waterloo
Waterloo leverages its tech-driven ecosystem to offer analytics-focused programs that combine computer science, statistics, and business insights. It’s an ideal choice for students seeking a strong technical edge in business analytics.
- Program: Master of Data Science and Artificial Intelligence (interdisciplinary)
- Duration: 16 months
- Location: Waterloo
- Highlights: STEM-focused, excellent full-time co-op options
- QS World University Ranking 2025: #115 globally
- QS Business Analytics Ranking 2025: Not specifically ranked
10. Concordia University (John Molson School of Business)
John Molson’s MSc in Business Analytics and Technology Management focuses on decision-making through data and digital innovation. With access to Montréal’s dynamic business scene, students gain practical experience in managing data-driven business strategies.
- Program: MSc in Business Analytics and Technology Management
- Duration: 16–24 months
- Location: Montreal
- Highlights: Experiential learning options like co-op and internships, Research-oriented, good ROI, competitive tuition
- QS World University Ranking 2025: Not ranked
- QS Business Analytics Ranking 2025: Not specifically ranked
Eligibility & Admission Process for MS in Business Analytics in Canada
General Eligibility Criteria
While exact requirements vary by university, most programs expect:
- Educational Background:
- A 4-year undergraduate degree (preferably in business, engineering, math, or related fields)
- Strong GPA (typically 3.0/4.0 or equivalent)
- English Language Proficiency:
- Standardised Tests:
- GMAT/GRE: May be required or optional (e.g., UBC = optional, Toronto = recommended)
- Waivers are often available with strong academic/work profiles
- Work Experience:
- Not always required, but 1-2 years of relevant experience can strengthen your application
- Prerequisite Courses (in some cases):
- Statistics, Linear Algebra, or Python basics
Salary Expectations
Business Analytics graduates typically start their careers with competitive salaries, and the earning potential increases significantly with experience and advanced skills. Here’s a general salary range:
- Entry-Level: Salaries for entry-level positions such as Data Analyst, Business Intelligence Analyst, or Marketing Analyst typically range from CAD 50,000 to CAD 70,000 per year.
- Mid-Level: Professionals with 3 to 5 years of experience in roles like Data Scientist or Business Analytics Consultant can expect to earn between CAD 80,000 and CAD 100,000 annually.
- Senior-Level: Experienced professionals, especially in roles like Senior Data Scientist, Analytics Manager, or Chief Data Officer, can command salaries from CAD 110,000 to CAD 150,000 or higher, depending on the industry and location.
Conclusion
Canada continues to be a top destination for students pursuing a Master's in Business Analytics, thanks to its globally ranked universities, strong industry partnerships, and growing demand for data-driven professionals. Whether you're looking for a tech-focused program or one rooted in business strategy, the top 10 universities listed above offer a diverse range of options tailored to your career goals.
Frequently Asked Questions
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Q. Which university is best for Business Analytics in Canada?
Ans. UBC, Rotman (Toronto), and McGill are widely regarded as the top choices based on rankings and employer outcomes.
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Q. Is GMAT required for Business Analytics in Canada?
Ans. Some universities require it (e.g., Rotman), but many offer waivers or make it optional (e.g., UBC).
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Q. What is the salary after a Masters in Business Analytics in Canada?
Ans. Graduates typically earn between CAD 60,000 – 85,000, depending on role, location, and experience.
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Q. Can I get PR after MS in Business Analytics in Canada?
Ans. Yes. A Canadian Master’s degree plus 1 year of work experience makes you eligible for multiple PR pathways like Express Entry or PNP.
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Q. What are co-op options in Business Analytics programs?
Ans. Co-op is a structured work placement as part of your program. It allows students to gain paid, hands-on experience with companies while studying.
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Q. Which Business Analytics programs in Canada offer co-op?
Ans. Programs at Waterloo, UBC, and York (Schulich) offer strong co-op or internship components.
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Q. Do I need programming knowledge to study Business Analytics?
Ans. Basic programming or statistical skills (in Python, R, or SQL) are often recommended, and sometimes required.
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Q. Can I study Business Analytics without a business background?
Ans. Yes. Many programs accept students from engineering, science, math, or economics if they meet other criteria.
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Q. Are Business Analytics degrees in Canada STEM-designated?
Ans. Yes, many programs qualify as STEM, especially those with technical components like data science or AI.
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Q. How long does it take to get a PGWP after graduation?
Ans. You can apply immediately after graduation. Most PGWPs are issued within 2–4 months.
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