Masters in Business Analytics in Canada is one of the most in-demand programs among international students.
The program is designed to offer a comprehensive education in the field of business analytics, equipping you with the skills and knowledge to extract valuable insights from data and help organisations make informed business decisions.
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Most Canadian universities offer both fall and winter intakes, and the tuition fee ranges for Masters in Business Analytics in Canada is between CAD 20,000 and CAD 40,000 per year.
The great news is Masters in Business Analytics has an excellent return on investment. Starting salaries can range from approximately CAD 60,000 to CAD 80,000 per year, with the potential for significant growth as you gain more experience and expertise in the field.
In this blog, we’ll explore everything connected to Masters in Business Analytics in Canada, including universities, fees and deadlines.
Let’s begin.
Universities for Masters in Business Analytics in Canada
- University of Toronto
Ranked among the top universities globally, the University of Toronto offers a Master of Management Analytics program.
The university’s prestigious reputation, cutting-edge research facilities, and strong industry connections make it a desirable choice for aspiring business analytics professionals.
| Application Deadline | Duration | Average Tuition Fee |
| September | 2 years | $61,350 |
- University of British Columbia
The University of British Columbia (UBC) is consistently ranked among the top universities in Canada.
UBC’s Master of Business Analytics program equips students with a solid foundation in analytics, data management, and business strategy.
The university’s collaborative learning environment and close ties with the tech industry provide valuable networking opportunities for students.
| Application Deadline | Duration | Average Tuition Fee |
| January 15 | 2 years | $45,000-$70,000 |
- McGill University
McGill University, located in Montreal, is renowned for its Desautels Faculty of Management.
The Master of Management in Analytics program at McGill prepares students to become data-driven decision-makers through a multidisciplinary curriculum.
McGill’s international recognition, diverse student community, and strong alumni network provide a rich learning experience.
| Application Deadline | Duration | Average Tuition Fee |
| October 15 | 2 years | $37,541 |
- University of Waterloo
The University of Waterloo offers a Master of Business, Entrepreneurship, and Technology (MBET) program specialising in business analytics.
Known for its strong ties to the tech industry and cooperative education opportunities, Waterloo provides students with practical skills and real-world experience.
| Application Deadline | Duration | Average Tuition Fee |
| February 1 | 2 years | $64,701 |
- Western University
Western University’s Ivey Business School offers a Master of Management Analytics program designed to develop analytical thinking and problem-solving skills.
The program combines business acumen with data analytics techniques, enabling students to make data-driven decisions.
With its reputation for excellence and small class sizes, Ivey provides an intimate and collaborative learning environment.
| Application Deadline | Duration | Average Tuition Fee |
| February 1 | 2 years | $32,724 |
- Queen’s University
Queen’s University’s Smith School of Business offers a Master of Management Analytics program that focuses on leveraging data to drive business performance.
Queen’s University’s strong alumni network and industry partnerships enhance students’ career prospects.
| Application Deadline | Duration | Average Tuition Fee |
| March 15 | 2 years | $45,219 |
- University of Alberta
The University of Alberta’s Alberta School of Business offers a Master of Business Analytics program that combines statistical analysis, machine learning, and business strategy.
The program emphasizes practical application through industry collaborations and experiential learning opportunities.
The university’s research expertise and state-of-the-art facilities enhance the learning experience.
| Application Deadline | Duration | Average Tuition Fee |
| April 30 | 2 years | $29,136 |
- York University
York University’s Schulich School of Business offers a Master of Business Analytics program that equips students with advanced analytics skills and a deep understanding of business operations.
The program’s interdisciplinary approach and experiential learning opportunities foster innovation and critical thinking.
York’s strong industry connections and location in Toronto, a major business hub, provide abundant networking opportunities.
| Application Deadline | Duration | Average Tuition Fee |
| March 1 | 2 years | $33,791 – $38,826 |
- Simon Fraser University
Simon Fraser University’s Beedie School of Business offers a Master of Science in Business Administration (MSBA) program with a concentration in business analytics.
The program combines advanced analytics techniques with business knowledge, preparing students for data-driven decision-making roles.
Simon Fraser’s reputation for innovation and location in Vancouver, a vibrant tech and business hub, provides a unique learning experience.
| Application Deadline | Duration | Average Tuition Fee |
| April 15 | 2 years | $32,724 |
- Ryerson University
Ryerson University’s Ted Rogers School of Management offers a Master of Management in Analytics program that focuses on developing expertise in data analytics, visualization, and business strategy.
The program emphasizes experiential learning and industry collaborations, enabling students to apply analytics to real-world business challenges.
Ryerson’s location in downtown Toronto and its strong ties to the industry offer valuable networking opportunities.
| Application Deadline | Duration | Average Tuition Fee |
| February 1 | 2 years | $38,472 |
Masters in Business Analytics in Canada: Course Structure
Masters in Business Analytics programs in Canada provide students with a comprehensive curriculum designed to develop their skills in data analysis, business strategy, and decision-making.
These programs typically combine theoretical knowledge with practical application, equipping students with the tools needed to extract insights from data and drive business success.
The course structure may vary slightly among universities and programs, but the below table offers a general overview of the key components typically included in a Masters in Business Analytics in Canada.
To get a better understanding of this course and its structure, talk to our experts!
| Course | Description |
| Data Analytics | Covers statistical analysis, data mining, and predictive modeling techniques. |
| Business Strategy | Focuses on understanding business operations, market dynamics, and strategic decision-making. |
| Data Visualization | Teaches effective visualization techniques to communicate insights and findings. |
| Machine Learning | Explores algorithms and techniques for automated data analysis and pattern recognition. |
| Big Data Management | Addresses the challenges and opportunities of handling large-scale datasets. |
| Business Intelligence | Covers tools and methods for collecting, analyzing, and reporting business data. |
| Data Ethics and Privacy | Examines ethical considerations and legal frameworks related to data usage and privacy. |
| Applied Projects | Provides hands-on experience through real-world projects and industry collaborations. |
Also read:
- Top Data Science & Analytics Courses in Canada
- Universities & Courses for MS Business Analytics in USA
- MSc In Data Analytics in USA
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Career Outcomes for Masters in Business Analytics in Canada
Career outcomes for graduates of Masters in Business Analytics programs in Canada are diverse and promising, with a wide range of job opportunities across various industries.
Here are some of the roles that graduates can pursue.
Data Analyst:
Data analysts are crucial in analyzing and interpreting data to extract valuable insights.
They use statistical techniques, data visualization tools, and programming languages to analyze data sets and provide recommendations for business improvement.
Business Intelligence Analyst:
Business intelligence analysts gather and analyze data to identify trends, patterns, and opportunities for business growth.
They develop dashboards and reports to present data-driven insights that drive strategic decision-making.
Data Scientist:
Data scientists apply advanced statistical and machine-learning techniques to extract insights from complex data sets.
They develop predictive models, conduct data mining, and provide actionable recommendations based on their analysis.
Analytics Consultant:
Analytics consultants work with organizations to assess their data needs, develop analytics strategies, and implement data-driven solutions.
They provide expertise in translating business objectives into analytics projects and guide clients in making data-informed decisions.
Financial Analyst:
Financial analysts utilize data analysis techniques to assess financial performance, identify investment opportunities, and provide recommendations for financial planning and risk management.
Here’s a table showcasing some of the top roles in the field of business analytics, along with their average salaries.
| Designation | Average Salary (CAD) |
| Data Analyst | $60,000 – $80,000 |
| Business Intelligence Analyst | $65,000 – $90,000 |
| Data Scientist | $70,000 – $100,000 |
| Analytics Consultant | $75,000 – $110,000 |
| Financial Analyst | $65,000 – $90,000 |
Please note that the salary ranges provided are approximate and may vary based on factors such as industry, location, years of experience, and specific job requirements.
Top Companies that Hire Masters in Business Analytics Graduates in Canada
- IBM Canada
- Deloitte
- Accenture
- RBC (Royal Bank of Canada)
- TD Bank
- Scotiabank
- Amazon
- Shopify
- BMO Financial Group
- Rogers Communications
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Final Thoughts
With competitive salaries and a growing demand for professionals with business analytics expertise, pursuing a Master’s in Business Analytics in Canada is a strategic investment in a rewarding and high-demand field.
Canada’s strong academic institutions, including renowned universities such as the University of Toronto, the University of British Columbia, and McGill University, offer top-notch programs that are recognized globally.
Top companies such as IBM Canada, Deloitte, and Accenture actively seek Masters in Business Analytics graduates, further enhancing the career prospects for students.
These companies offer exciting opportunities to apply analytical skills in diverse industries, including finance, consulting, and technology.
Since it’s easier to get a PR in Canada, working there post-graduation and eventually settling in the country is a highly preferred path for most Indian students.
Considering this course? Here’s how Leap can help you:
- Do a detailed profile analysis, and match you with a list of universities
- Apply to the universities, including SOP and LOR writing
- Track the progress of the application and keep you informed
- Help you secure a student visa
Want to know more? Book a free conversation with us!
Frequently Asked Questions
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Do Universities offer any online courses in Master in Business Analytics in Canada?
The University of Manitoba is the first university to provide online business analytics courses in Canada, but the application is open only to the residents of Canada.
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What are the benefits of studying Masters in Business Analytics in Canada?
Some universities can offer blended learning for business analytics courses in Canada. This will help you have a flexible schedule to work and study at the same time.
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What is the scope for graduates of Masters in Business Analytics in Canada?
The graduates of Masters in Business Analytics in Canada will have job prospects in high positions in management such as Business Analyst, Director of Database Marketing, Business Intelligence & Analytics, Lead Data Scientist etc.
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Is it possible to pursue a Masters in Business Analytics in Canada without a GMAT score?
Yes, some universities in Canada offer Masters in Business Analytics programs that do not require a GMAT score for admission. However, each university has admission requirements, so it’s important to check with the specific institution.
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What are the entry requirements for Masters in Business Analytics programs in Canada?
The entry requirements may vary depending on the university, but generally, they include a bachelor’s degree in a relevant field, a good academic record, letters of recommendation, a statement of purpose, and English language proficiency (such as IELTS or TOEFL).
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What is the average duration of a Masters in Business Analytics program in Canada?
The average duration of a Masters in Business Analytics program in Canada is typically 1 to 2 years, depending on the university and program structure.
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Can international students work while pursuing a Masters in Business Analytics in Canada?
Yes. As per the government, international students can work up to 20 hours per week off-campus while enrolled in a full-time program. However, they have lifted the limit temporarily, allowing students to work unlimited hours (conditions applied).
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Can I apply for a work permit after completing a Masters in Business Analytics in Canada?
Yes, international students who have completed a Masters in Business Analytics in Canada may be eligible to apply for a post-graduation work permit, which allows them to work in Canada for a certain period after graduation.
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Are there online or part-time options available for Masters in Business Analytics programs in Canada?
Some universities offer online or part-time options for Masters in Business Analytics programs, providing flexibility for students who prefer to study while working or have other commitments.
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What sets Masters in Business Analytics programs in Canada apart from other countries?
Masters in Business Analytics programs in Canada are known for their quality education, strong industry connections, and innovative research.
The country’s diverse and inclusive environment, along with its growing tech and business sectors, contribute to a rich learning experience.
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What networking opportunities are available for Masters in Business Analytics students in Canada?
Canadian universities often organize networking events, career fairs, and guest speaker sessions where students can connect with industry professionals and potential employers.
Professional associations and student clubs also provide networking opportunities.
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Can I pursue a Ph.D. after completing a Masters in Business Analytics in Canada?
Yes, after completing a Masters in Business Analytics in Canada, you can pursue a Ph.D. in a related field if you wish to advance your knowledge and research expertise further.
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