Top 12 Colleges for Bachelors in Commerce (B Com) in Canada: Online Guide

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Pursuing a bachelor or an undergraduate degree course in commerce is one of the most preferred choices for students. Canada is known globally for its academic excellence and employment opportunities. According to a report by Economic Times, Canada added around 54,700 new positions in 2022; hence chances of getting a job after graduation has increased considerably.  

To pursue B.com, some of the best universities include the University of Toronto, University of British Columbia, University of Alberta, University of Calgary, York University, Memorial University of Newfoundland and others. Here is the list of the 12 best institutions for B.Com in Canada. 

  1. The University of Toronto 

The University of Toronto is one of the leading public research universities in the world. Established in 1827, this university has consistently ranked among top-tier universities and presently holds a QS Ranking of 26. Additionally, UToronto received around $1.4 billion as sponsored research funding in 2020, and students willing to take admission must note that the university has an acceptance rate of 43%. As per QS Ranking, in Canada, it ranked No.1 for the full-time MBA program.

Program Information: 

Offered byRotman School of Management
Duration:4 years or 8 semesters.
Specializations: AccountingMarketingFinance and Economics 
Faculty: Student Ratio:19:1 
Fees:$ 45,616 per year
Average salary:USD 45,750

Admission requirement: 

TOEFL100
IELTS6.5
SAT1330
ACT23
CGPA4.0
  1. The University of British Columbia 

The University of British Columbia is known globally for its high research output and the opportunities for international students. Being a top-tier university, UBC has an acceptance rate of 46%. Also, it holds a QS World University Ranking of 46 and this public research university was established in 1915 to provide undergraduate, postgraduate, doctorate and post-doctorate degrees for students. 

Program Information: 

Offered byUBC Sauder School of Business
Duration:4 years or 8 semesters.
Specializations: AccountingMarketingBusiness Technology Management FinanceEntrepreneurshipGlobal supply chain and logistics managementGeneral business managementReal estate Organization behaviour and human resourcesOperations and logistics
Faculty: Student Ratio:18:1 
Fees:$ 42,604 per year
Average salary:USD 37,500

Admission Requirement:

TOEFL90
IELTS6.0
Percentage of Marks70%
  1. McMaster University

McMaster University is one of the oldest universities in Canada, established in 1887 is known for its high research output. With approximately 5,386 international students, this public university is one of the most-sorted universities in Canada. Currently, it holds a QS World Ranking of 140, with a Faculty/Student ratio of 7.  

Program Information: 

Offered byDeGroote School of Business
Duration:4 years 
Specializations: AccountingMarketingFinance Information SystemsHuman Resources Operation Management
Fees:$ 29,818 per year
Average salary:USD 43,000

Admission Requirement:

TOEFL86
IELTS6.5
  1. University of Alberta 

The University of Alberta is known for its excellent research facilities. The international student population stands around 9,689 and currently holds a QS World University Ranking of 126. The vibrant community provides ample research and employment opportunities for domestic and international students.

Program Information: 

Offered byAlberta School of Business
Duration:4 years 
Specializations: AccountingStrategic Management and Organisation Business Studies Business Economics and LawOperation Management International Business MarketingHuman Resource Management Entrepreneurship and Innovation Finance  Business Technology Management
Faculty: Student Ratio:9:1 
Fees:$ 26,250 per year
Average salary:USD 41,000

Admission Requirement:

TOEFL90
IELTS6.5
GPA2.4/4.0
  1. University of Calgary 

The University of Calgary is a leading public university in Canada and ranks among Canada’s top 10 research universities. With a total international student population of 6,791, this university holds membership in the U15 group of Canadian public research universities. Additionally, it also contributes CAD 36 billion to Canada’s national economy per year. 

Program Information: 

Offered byHaskayne School of Business
Duration:4 years 
Faculty: Student Ratio:12:1 
Fees:$ 16,642 per year
Average salary:USD 67,000

Admission Requirement:

TOEFL86
IELTS6.5
GPA2.0
  1. Queens University 

Queens University is one of the top-rated public universities in Canada and holds a QS World University ranking of 246. It is one of Canada’s oldest degree-granting universities, with a total international student population of around 3,858. 

Program Information: 

Offered bySmith School of Business
Duration:4 years 
Faculty: Student Ratio:19:1 
Fees:$ 19,269 per year

Admission Requirement:

TOEFL88
IELTS6.5
GPA2.0
  1. Dalhousie University 

Dalhousie University has consistently ranked among the top universities in Canada, and currently, it holds the QS World University Ranking of 272. This public university is known for its high educational quality and employment opportunities.  

Program Information: 

Offered byRowe School of Business
Duration:4 years 
Faculty: Student Ratio:14:1 
Fees:$ 16,833 per year
Average SalaryCAD 44,000

Admission Requirement:

TOEFL90
IELTS6.5
Percentage of Marks75%
  1. University of Victoria 

Currently, the University of Victoria is one of Canada’s top public research universities, holding a QS Ranking of 334 globally. It is world-renowned for its research impact and top-notch academic facilities. UVic currently has approximately 6,135 international students under various degree programs. 

Program Information: 

Offered byPeter B. Gustavson School of Business
Duration:4 years 
Faculty: Student Ratio:26:1 
Fees:$ 6,174 per year

Admission Requirement:

TOEFL90
IELTS6.5
GPA5.0/9.0
  1. York University 

York University in Canada is one of the best in providing high-level education to its students and has enrolled around 12,258 international students. The university has a high research output with a world QS ranking of 494. 

Program Information: 

Duration:4 years 
Specializations: AccountingManagementHuman Resource Management MarketingBusiness Research Management Science Finance 
Fees:$ 27,284 per year
Average salary:USD 46,000

Admission Requirement:

TOEFL83
IELTS6.5
  1. Memorial University of Newfoundland 

The Memorial University of Newfoundland was founded in 1925 and has proved to be one of the best universities in Canada. With a world QS ranking of 751-800, this university is the home to approximately 3,400 international students. 

Program Information: 

Offered byFaculty of Business Administration, Memorial University of Newfoundland
Duration:5 years 
Specializations: AccountingSupply Chain Management International BusinessHuman Resources and Labour ResourcesOperation ResearchResource-based industries management MarketingInformation Systems Finance 
Faculty: Student Ratio:16:1 
Fees:$ 9,195 per year

Admission requirement: 

TOEFL90
IELTS6.5
Percentage of Marks50%
  1. University of Manitoba 

The University of Manitoba has been one of the most-sorted universities among international students. Also, this public university provides high-quality education and consistently ranks among the world’s top universities. According to QS World University Ranking, it ranks 601-650 with very high research output. 

Program Information: 

Offered byAsper School of Business
Duration:4 years 
Specializations: AccountingHuman Resources Entrepreneurship/Small business Actuarial Business GeneralistMarketingIndigenous Business Management/Industrial Relations Finance Management Information SystemsLogistics and Supply Chain Management International Business 
Faculty: Student Ratio:26:1 
Fees:$ 17,459 per year
Average SalaryUSD 58,500

Admission requirement: 

TOEFL86
IELTS6.5
Percentage of Marks75%
  1. University of Guelph 

The University of Guelph is popularly known as U of G. It is one of the premier research universities of Canada, providing excellent research and employment opportunities for its students. It also holds the reputation of delivering an exceptional student experience with rich heritage and architecture. 

Program Information: 

Offered byGordon S. Lang School of Business and Economics
Duration:4 years 
Specializations: Food and Agricultural Business Management AccountingMarketing ManagementGovernment Economics and Management Sport and Event ManagementHospitality and Tourism Management Real Estate Management Economics and Finance 
Faculty: Student Ratio:17:1 
Fees:$ 18,225 per year
Average SalaryUSD 54,228

Admission requirement: 

TOEFL89
IELTS6.5
CGPA3.0/4.0

Most of Canada’s universities are top-ranked and have shown high employability success. But, apart from these universities mentioned above, students can also opt for other universities for B.com in Canada, including the University of Ottawa (Telfer School of Management), McGill University, University Canada West, University of Winsdor, Macewan University, Saint Mary’s University and others. A B.Com degree from Canada provides an interdisciplinary idea about business with many employment possibilities. 

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Benefits of Getting a Bachelor’s in Commerce in Canada

A bachelor’s degree in Canada allows specialization in the final year in most-sorted domains like finance, marketing, human resource, foreign trade and others. PayScale Canada says the average wage for a B.com graduate hovers around CAD 60,000, whereas entry-level graduates earn around CAD 40,000. Apart from job opportunities, students, after pursuing B.com, can also go for higher academic degrees from the world’s leading universities in Canada and abroad. Some of the best courses after B.Com in Canada include Master of Commerce, Master of Management and Master of Business Administration (MBA). 

Canada offers deserving candidates the benefit of scholarships. These scholarships include both public and private funding. However, as each scholarship has its requirements, it is necessary to check all the prerequisites from the official website or concerned authority beforehand. 

Some of the scholarships for bachelor in Canada are – 

  1. University of Calgary International Entrance Scholarships

Scholarship Coverage – CAD 15,000

  1. Lester B. Pearson International Scholarship Program at the University of Toronto 

Scholarship Coverage – Living expenses, tuition and fees, accommodation, application, health cover, and travel expenses. 

  1. University of British Columbia Scholarships for International Students

Scholarship Coverage – CAD 16,000 to CAD 20,000, renewable for up to 3 years. 

  1. York University International Student Scholarships

Scholarship Coverage – CAD 1,000 to CAD 35,500

  1. Carleton Prestige Scholarships

Scholarship Coverage – CAD 20,000 to CAD 30,000

  1. University Canada West Founder’s Scholarship 2022

Scholarship Coverage – N/A

  1. Trudeau Scholarships and Fellowships

Scholarship Coverage – CAD 40,000 + additional allowance 

  1. Canada Memorial Scholarship  

Scholarship Coverage – Fees + accommodation + airfare 

It is no secret that Canada is one of the world’s most sorted studies abroad destinations. As per Statistics Canada, from 2018-19 to 2019-20, international student enrolment showed a 13.7% (+46,815) enrolment hike. This is quite an astonishing figure considering there is a decline in indigenous student enrolment of 0.9% simultaneously. Thus, due to the high demand for skilled workers in Canada, job opportunities got a new open niche, and thus Canada is providing myriad employment opportunities for international students.   

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Top 12 Colleges for Bachelors in Commerce (B Com) in Canada: Online Guide

Frequently Asked Questions 

What is the minimum English language requirement to study B.Com in Canada?

Every university has its own eligibility criteria for student intake for an academic year. However, an IELTS score of 6.5 and a TOEFL of 86 can help you enter some of Canada’s best educational institutions.

What are some of the affordable universities in Canada?

Canada offers a great investment value for B.com studies. Although most of the universities are pocket-friendly, some of the most-sorted institutions are – 

1. University of Guelph 
2. Memorial University of Newfoundland 
3. McGill University 
4. University of Calgary
5. University of Victoria 

What are job roles I can expect after graduating in commerce from Canada? 

Some of the best jobs after B.Com in Canada are – 

1. Business Analyst
2. Accountant
3. Entrepreneur
4. Database Administrator 
5. Marketing Manager 


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Saket Kohli

An International Higher Ed professional with 7+ years of experience studying, working, and living across three geographies, currently on a mission to share his journey as an International Student.

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