Best MBA Scholarships for International Students in Canada

Pursuing an MBA in Canada can be a life-changing experience, providing you with valuable skills, knowledge, and opportunities for personal and professional growth. However, financing your MBA education can be a significant concern, especially for international students. Thankfully, there are numerous scholarships available to help alleviate the financial burden and make your dream of studying in Canada a reality. In this blog post, we will explore some of the best MBA scholarships for international students in Canada, enabling you to explore these opportunities and enhance your chances of securing financial support.

  1. Ontario Graduate Scholarship (OGS):

The Ontario Graduate Scholarship program is one of the most prestigious scholarships available in Canada. It aims to attract highly skilled international students to pursue their graduate studies in Ontario, including MBA programs. The scholarship offers a generous funding amount, covering tuition fees and living expenses. It is merit-based and awarded to students with outstanding academic achievements, research potential, and leadership abilities.

  1. Lester B. Pearson International Scholarship Program:

Administered by the University of Toronto, the Lester B. Pearson International Scholarship Program targets exceptional international students who demonstrate exceptional academic achievements and leadership qualities. While this scholarship is not specific to MBA programs, it can be applied to any undergraduate program at the University of Toronto, including commerce or business-related fields. It covers tuition, books, incidental fees, and full residence support throughout the recipient’s four years of study.

  1. Pierre Elliott Trudeau Foundation Doctoral Scholarships:

If you’re considering pursuing a PhD in a field related to public policy and leadership, the Pierre Elliott Trudeau Foundation Doctoral Scholarships can provide excellent financial support. This scholarship is available to both Canadian and international students and offers substantial funding, including tuition fees, travel expenses, and a generous living stipend. The program emphasizes interdisciplinary research and aims to develop scholars who will make significant contributions to society.

  1. Canada Graduate Scholarships – Master’s Program:

Administered by the three major Canadian federal granting agencies, the Canada Graduate Scholarships (CGS) – Master’s Program is open to both Canadian and international students pursuing a research-based master’s degree in any discipline, including business administration. The CGS-M Program provides financial support to exceptional students and covers a wide range of expenses, including tuition fees, research-related costs, and a living stipend. Each participating agency has its own application process and eligibility criteria, so it’s important to review the guidelines specific to your chosen agency.

  1. HEC Montréal MBA Scholarships:

HEC Montréal, one of Canada’s leading business schools, offers several scholarships specifically designed for MBA students. These scholarships are open to both domestic and international students and are awarded based on various criteria, such as academic excellence, leadership potential, and community involvement. Examples of HEC Montréal MBA scholarships include the Merit Scholarship for Excellence and the Women’s Scholarships, which aim to support talented individuals and promote diversity in the business field.


Securing financial support through scholarships is an excellent way for international students to fulfill their aspirations of pursuing an MBA in Canada. The scholarships mentioned in this blog post represent just a few of the many opportunities available to help fund your studies. It’s essential to thoroughly research and explore various scholarship programs, both at the national and institutional levels, to identify the ones that align with your goals and qualifications. Remember to carefully review the eligibility criteria, application requirements, and deadlines for each scholarship. With determination, hard work, and the right financial support, you can embark on an enriching MBA journey in Canada and unlock endless opportunities for your future career.

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