Program Overview for Business Administration (MBA) in Canada:
An MBA is one of the most valuable degrees you can earn. It gives you an experience that will change the way you think forever. We know that finding the best plan for you is crucial, so our goal is to succeed in whatever path you choose. The Lazaridis MBA will provide you with the tools you need to realize your personal definition of success; this is what makes our course unique.
We know that completing an MBA is a big decision. We are here to help you explore the options for choosing your program. We provide information meetings and personal consultations in Waterloo and Toronto to help you make the best decision. The sooner we contact, the closer we will be to realizing that the inner world makes us different.
The Lazaridis Difference
Why is it us and not one of the dozens of other MBA programs across the country? Since 1976, we have been at the forefront in providing innovative professional management courses. We provide the first one-year MBA in Canada, the first alternative part-time weekend format in downtown Toronto, and we pioneered a comprehensive MBA curriculum.
Each of our different courses is designed to provide the best student experience. We used organizational culture and educational methods to make Laurier ranked # 1 in student satisfaction by Maclean's magazine for the past four years. We understand that this is not necessarily what you learned, but how you learn is the key to developing skills and lasting personal growth.
At Lazaridis School, our goal is to provide you with the necessary tools and skills to build your career and succeed on the path you choose. We realize that intellectual agility and personal flexibility are the most critical attributes of our rapidly changing world, rather than completing a one-size-fits-all career plan.
Our focus is to provide real-time education based on practical experience and applicable academic research. Field projects, professional development, international learning opportunities, and hands-on learning practices support course content provided by industry-experienced teachers. We hope that our part-time students can immediately use their experience in the project, and our full-time graduates make positive contributions on the first day of their new positions.
Professional Development and Career Services
To support our academic program, we provide numerous professional development opportunities to assist you in planning the next stages of your career growth:
- Strategic career consulting to help you in your job search or career advancement planning.
- Workshops designed to enhance your personal brand-building abilities. Among workshops, themes are recognizing transferable skills, interview preparation, network building, resume writing, and negotiation skills.
- Alumni panels, industry guest speakers, and employer recruitment events are available to all MBA candidates throughout the program to utilize the extensive Lazaridis alumni community.
- Alumni employment services are available to all Lazaridis MBA graduates. More than 2,000 immediate job openings come through our career center annually.
Applied Business Research Consulting Project
Gain valuable hands-on experience tackling real-time business issues in the applied business consulting project. You and your team will provide consulting services to client-facing immediate management decisions. More than 800 organizations have participated in the project. With faculty supervision, you will draw upon the knowledge and experience you acquired in the MBA program to work with industry practitioners to help resolve the issues they are currently facing.
Not-for-Profit Practicum
Laurier’s core mission to inspire lives of leadership and purpose reflects a long-standing commitment to community and philanthropic service. A LinkedIn study ranked Laurier graduates #1 in the world in volunteerism. The Lazaridis MBA is proud to continue this tradition and mission. While MBA students often engage in volunteer activities on their own, the MBA program requires all candidates to participate in a field-based community service project at a not-for-profit organization of their choice.
International Study Opportunities
You can take advantage of the Lazaridis MBA’s international education opportunities to immerse yourself in different cultures and business environments.
In our international study course elective, you have the opportunity to participate in a two-week trip to different countries and engage with leading business and government officials to gain valuable insights into foreign business environments. Past host countries have included: South Africa, Spain, India, Turkey, Germany, China, Columbia, Chile, and Vietnam.
International Summer School
During the spring term, you will have the opportunity to attend summer school in a foreign country for elective credit. The term allows you to network with fellow MBA candidates worldwide while gaining valuable insights into business thinking and perspectives in a foreign country.
You can choose to attend the European Summer School in Advanced Management (Essam), Euromed in France, or a summer school destination from a pre-approved list of accredited universities.
The eligibility for Business Administration (MBA) in Canada for both domestic and international student is:
Rolling Admissions
We have rolling admissions for all domestic applications received for our MBA programs. We encourage domestic applicants to apply as soon as they are ready, as the programs can fill up quickly.
Rolling admission means that offers of admission are awarded year-round to all successful candidates for all of the upcoming intake dates until a program is full.
Note: Rolling admission does not apply to international applications. All international applications are reviewed after the Jan. 15deadline.
Contact the MBA Program Office to see if we are still accepting applications for your preferred MBA degree.
Application Deadlines
Waterloo
The Waterloo MBA program's preferred application deadline is to have part one of the two-step application complete by June 30 for the August intake of the Full-Time MBA and the Full-Time MBA with Co-op and the Sept. intake Part-Time Evenings MBA degree.
Note that applicants do not need a GMAT score to complete step one of the application. Applicants can bypass that information but will be required to submit an unofficial GMAT score in part two of the application process.
If you are an eligible candidate interested in applying for any Waterloo degrees, contact us with any admission or application questions.
Please note: All international candidates must have their applications submitted by Jan. 15 of each year for the Waterloo MBA programs.
Toronto
The Toronto MBA programs application is a two-step process. We recommend starting step one as soon as you have decided to apply. This will allow you to create your account and work on part two of the application process.
The application deadline is February 1 for classes starting in April 2022. This deadline is for the comprehensive part-time alternate weekend MBA, the Double degree - MBA and MFin, and the Accelerated MBA offered in Toronto.
Note that applicants do not need a GMAT score to complete step one of the application. Applicants can bypass that information in part one but must submit an unofficial GMAT score in part two of the application process.
If you are an eligible candidate interested in applying for any of our Toronto degrees, contact us with any admission or application questions.
Application Requirements:
- A four-year undergraduate degree, or equivalent, in any discipline from a recognized university with a minimum B standing (73%) in the final year of study, or most recent 10 half-credit university degree courses.
- Evidence of strong quantitative skills, normally by the successful completion of the GMAT test with a score of 550 or higher. We also accept a GRE score. A GRE score must convert to the minimum 550 GMAT score required.
- Referee Information. Three professional referees, or if you have completed any education within the last three years, two professional referees and one academic referee are required.
- Applicants whose language of instruction during their undergraduate degree was a language other than English must furnish evidence of proficiency in English prior to admission. A minimum score on the Test of English as a Foreign Language (TOEFL) of 100 internet-based (iBT) (with minimum skill scores of 21 in each of the four skill sets), or TOEFL paper-based (PBT) minimum score of 600, or a minimum score of 7.0 on the IELTS is required.
- A minimum of two years of full-time work experience.
N.B: Most universities have specific international admission requirements based on different education systems.
These are the test eligibilities for the Business Administration (MBA) to qualify.
The English Language Proficiency (ELP) requirements for Business Administration (MBA) in Canada: are:
- TOEFL(ibt): 100
- IELTS(academic): 7
Other test requirements:
- GMAT: 550
The international student tuition fees and costs for Business Administration (MBA) in Canada.
| Items | Costs | ||||||
|---|---|---|---|---|---|---|---|
| Tuition Fees | CA$45,750.00 /year | ||||||
| Living Cost | CA$14,400.00/year (CA$1,200.00/month) |
||||||
| Student Earning | CA$17,920.00/year |
||||||
| You will earn CA$17,920.00/year by working 20 hours *4 weeks * 8 months * 14 CAD/h + 40 hours * 4 weeks * 4 months * 14 CAD/hour at minimum wage of CA$14.00/hour. | |||||||
The domestic student tuition fees and costs for Business Administration (MBA) in Canada.
| Items | Costs | ||||||
|---|---|---|---|---|---|---|---|
| Tuition Fees | CA$34,869.00 /year | ||||||
| Living Cost | CA$14,400.00/year (CA$1,200.00/month) |
||||||
| Student Earning | CA$17,920.00/year | ||||||
| This is just an estimate. You don't have any work hour limit. You will earn CA$17,920.00/year by working 20 hours *4 weeks * 8 months * 14 CAD/h + 40 hours * 4 weeks * 4 months * 14 CAD/hour at minimum wage of CA$14.00/hour. | |||||||
The tuition fees are based on the whole degree (Not per academic year). Wilfred offers generous funding to its graduate students. Graduate Teaching Assistant (GTA), Research Assistant, Contract Teaching Faculty (CTF), Internal scholarships and awards, and external funding are also available to support students. Some other funding includes:
- Winners of major external awards (OGS, QEII, and Tri-Council) may be eligible for top-up funding, including the Dean's Graduate Scholarship (total value exceeds $10,000).
- Eligible domestic students admitted studying on a full-time basis receive a minimum of $24,500 a year. This support may comprise teaching assistantships, internal/external scholarships, and/or faculty-funded studentships or research assistantships.
- A list of all funding opportunities available to Laurier graduate students, including information about OGS, QEII, Tri-Council, and the Ontario Trillium Scholarship for highly qualified international doctoral applicants, is available on our graduate funding webpage.
Debbie Hopkins
E: dhopkins@wlu.ca
Programs Assistant
Milena Morrison (on leave until Oct. 2021)
E: mmorrison@wlu.ca
Admissions and Student Success Officer
Program Information Inquiry
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