Canada’s Best Online MBA Programs of 2023

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Last updated July 17, 2023

Even before the global pandemic pushed universities to move their MBA programs online, Canada was home to the world’s first fully interactive virtual Masters of Business Administration program launched by Athabasca University in 1994. Once considered a degree you had to get in person, the MBA has evolved considerably since then, mainly due to the rise of massive open online courses (MOOCs), which allowed students to audit classes from Ivy League universities like Yale and Stanford. Add to that a change in attitude brought about by a realization during the pandemic that learning online was possible even for complex courses requiring teamwork and collaboration. (Consider Captain Alexander Landry of the Canadian Armed Forces, who completed his MBA at the University of Fredericton even while serving overseas.)

In the last three years, more universities have introduced innovative ways to offer graduate-level business degrees to qualified students anywhere in the world, whenever they want to study.

Today, nearly a dozen universities across Canada are fulfilling the growing demand for online MBA programs from domestic and international students looking for a more flexible Canadian business credential. Whether you are still in the early years of your career or considering a mid-career change in direction, an online MBA can help working professionals find a better balance between work and family demands while studying. An online MBA can also be a more affordable option than traditional graduate business programs as the schools offering them don’t have the exact overhead costs of a university with in-person programs.

And while MBAs may be going remote, universities are bringing the degrees’ hallmark benefits of one-on-one access to business leaders, practice dissecting real business cases, intensive collaboration with peers, and ongoing career and networking support.

Here’s a comprehensive look at the schools leading the (virtual) pack in 2023.

CourseCompare’s annual school rankings are determined using a process that considers several core metrics and principles. Read more about our methodology here.

1.

Ivey Business School 4.9/5

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2.

Smith School of Business at Queen's University 5/5

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3.

University of Fredericton (UFred) 4.95/5

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4.

Athabasca University 3.25/5

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5.

University of Alberta 4.35/5

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6.

DeGroote School of Business 4.8/5

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7.

Dalhousie University 4.8/5

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8.

Toronto Metropolitan University 5/5

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9.

University Canada West (UCW) 4.8/5

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10.

University of Guelph 5/5

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11.

Laurentian University 5/5

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12.

Thompson Rivers University 5/5

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13.

Carleton University 5/5

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1

Ivey Business School

emba-executive-mba
4.9/5
$ $ $ $

As a prominent research university, Western University is known for its medicine and business programs. The university has produced world-renowned doctors, medical researchers, and business leaders for decades and has become a hub for developing the next generation of entrepreneurs.

What Sets the Ivey Business School Apart? 

Launched in 2019, the Ivey School of Business’ Accelerated MBA for Business Graduates Program is a blended online MBA built for working professionals in the GTA. Taking the same elements as Ivey’s immersive on-campus year-long MBA program, the blended program aims to give more flexibility to student professionals who can’t make a move to Western’s primary campus in London, Ontario. The program is 14 months long and is delivered primarily online, with one three-day weekend (Friday to Sunday) required monthly at Ivey’s outpost campus in Toronto. Classes start in January each year, with online access beginning in November. Beginning with a week-long residence in London, Ont., followed by the monthly in-class sessions in downtown Toronto, the program ends with an international study trip. Your cohort will work together online and throughout the monthly in-class sessions, and you will develop professional connections with peers and faculty.

What Students Are Saying

While many other business schools in Canada offer graduate business degrees few if any have the global depth and breadth of the Richard Ivey School of Business. Although I graduated from Western University in 2000 – Ivey’s home base – I did not consider a post graduate degree from Ivey until much later while on a business trip to Hong Kong. Ivey has a huge presence there and has for 20+ years. The value of having bricks and mortar campuses in Toronto, London (Ontario) and Hong Kong is an uncountable until you venture into the global business world. While attending I was very proud to find our Hong Kong dean keynote speaking at the 2014 Asian Financial Forum. If you plan on working with or for a multinational firm it goes without saying that the more international exposure you get the more valuable you become.

Ryan McClure, Executive MBA

The Curriculum

Ivey’s MBA program is built for working professionals ready to make the next leap on the career ladder, whether to a new job or a promotion. Classes are structured for this career-focused curriculum, leading to foundational courses like marketing products or macroeconomics and elective courses ranging from international field trips to real-world projects with partner businesses, depending on individual student career ambitions.

Locations

Online, Toronto and London, Ontario

2

Smith School of Business at Queen's University

emba-executive-mba
$ $ $ $

With a focus on helping students make connections, Queen’s University has built a robust network of student groups and clubs, plus an extensive international exchange program. The university pulls from its multidisciplinary departments for all degrees and programs, meaning that whatever your focus, you will have a well-rounded education from a globally-ranked university.

What Sets the Smith School of Business at Queen’s University Apart? 

Taught via Queen’s University’s dedicated interactive teaching studio, this online program aims to give students the whole in-person experience and ability to “study while you work in your city.” The custom-built technology platform for online students boasts discussion capabilities, team collaboration tools, and personal or group coaching for students. Queen’s also encourages virtual networking as a critical element of career progression and facilitates networking opportunities like employer roundtables, 1:1 networking, and other special events.

Smith’s Accelerated MBA can be taken in one of two formats, depending on your location. Participants attend classes in a collaborative learning environment in many major Canadian markets. In all other areas, participants are placed on a virtual team, attending class from their homes or office. The virtual teams draw members from across Canada, with the same level of real-time connectivity and interactivity as the participants attending class in the Boardroom Learning Centres. Smith provides all the software, tools and coaching needed to create a high-performance virtual team.

The Curriculum 

Queen’s fully online program is geared towards careers in management consulting and banking (including private equity and venture capital). Courses lean on Queen’s three-pillar framework of experiential classes with real businesses, simulations to model innovative outcomes, and case studies to learn from what worked and didn’t work in the past. The curriculum is built on five learning themes: Leadership, Global Business, Corporate social responsibility, Strategic thinking and Innovation & entrepreneurship.

Locations

Online, Toronto and Kingston, Ontario

3

University of Fredericton (UFred)

emba-executive-mba
4.95/5
$ $ $ $

With a critical focus on applied professional education, the University of Fredericton offers a variety of degree, diploma, and certificate programs for professionals. Based out of Fredericton, New Brunswick, the university boasts extensive experience delivering online education, with faculty averaging 11 years of experience, specifically in teaching remote learners. Notably, UFred does not charge international students more than Canadians, which has helped the relatively young university build a global footprint and alumni network.

What Sets the University of Fredericton Apart?

The part-time, fully online MBA program offers eight program streams for students to choose from and focus their education, from Global Leadership, Real Estate to HR and Consulting Leadership to Innovation and Social Enterprise Leadership. Further, the program has four pillars to its online education: live virtual classes, collaborative group work, an online campus environment for student and professor connections (including office hours), and a virtual library for students. Every student also ends the program with an integration project that allows them to deeply research a topic they are passionate about, which can be done remotely or via an international field study trip. Students typically complete the program in two-to-three and-a-half years.

What Students Are Saying

I can't imagine a better, more flexible, learning experience. UFred has nailed this aspect of the MBA for people who are working in senior roles, have families and real responsibilities, and can't take 1-2 years off from "real life". I started by being placed into a group. Classes are 15 hours per class per week and then we have discussions using WebEx, group presentations and weekly readings. Classes can be taken as one-offs so you can really do things at your own pace. I'm still in touch with the people from my group to this day and we are from backgrounds as wide-ranging as fintech, manufacturing, law, agribusiness and retail! Also, profs were amazing and led classes virtually from around the world. It's a lot of work; not a "bird" program by any stretch of the imagination. This program really pushed me to take my business and management skills to the next level. I can't recommend it enough for the right people.

Greg Henry, Master of Business Administration

The Curriculum

UFred’s online program is geared towards providing all students with a rock-solid foundation in business, including accounting, leadership theory, global economic impacts, change management, and more. The time commitment required is estimated to be about 15-20 hours per week, depending on the courses of study.

Locations

Online

4

Athabasca University

athabasca-university
3.25/5
$ $ $ $

Athabasca University was founded on the premise of openness and flexibility. Whether undergrad or graduate, the university has several ways to learn and pioneered accredited online learning for higher education. It also aims to make it easy for students with previous education to transfer credits, enabling them to complete their degree from a reputable university with more flexibility and potentially lower costs.

What Sets Athabasca Apart? 

Founded in 1994, Athabasca University boasts of creating the world’s first fully interactive online MBA program. In the 29 years since it launched, the fully accredited program has grown in prestige and is now recognized globally. It’s made explicitly for working business leaders. The online format is developed for as-you-can-flexible schedules, including those with extensive work travel commitments or working long hours. The program is accredited and considered among the top MBAs in the world. The average age of students taking the Athabasca MBA is 41 years old, and 95 per cent of students who take the course recommend it. Those who opt for an accelerated approach complete their MBA in as little as one-and-a-half years, while the regular route typically takes two-and-a-half and three years.

The Curriculum

The fully online program at Athabasca is geared towards developing people leaders and organization-wide thinkers. Courses revolve around developing high-level strategic viewpoints, increasing interpersonal and career skills like networking and communications, and classes in management theory and change management using real-world business case scenarios.

You may be eligible for the MBA accelerated entry if you already have a Bachelor of Commerce, Bachelor of Management, or similar business degree and at least three years of management experience.

 

 

 

5

University of Alberta

online-mba
4.35/5
$ $ $ $

The University of Alberta is a public research university in Edmonton, Alberta. Founded in 1908, it offers undergraduate studies, more than 500 graduate programs, 250 specializations, and 300 research areas. The university is home to more than 41,000 students attending classes at five campuses, making it the fifth-largest university in Canada. It has an international reputation for excellence across the humanities, sciences, creative arts, business, engineering, and health sciences.

What Sets the University of Alberta School of Business Apart?

Completed over 36 months, the program is designed to fit around your work schedule, providing the ability to better balance work, school and personal commitments. Online courses are offered asynchronously, meaning you can study and learn when it is convenient for you. Students typically complete the program in three-to-four years. However, you have up to six years to finish the degree.

Delivered online and in-person, the University of Alberta also offers a part-time online MBA program. It is designed to allow students to take the program while balancing their work and personal commitments. Students typically complete the program in three-to-four years. However, you have up to six years to complete the degree. Online courses are delivered asynchronously, meaning you can study and learn when it is convenient for you.

Built on a foundation of core business courses and more specialized elective courses, students work towards completing 20 courses as part of the Online MBA program. With course materials and lectures available on demand, you can learn on your own schedule from anywhere. Course materials and lectures are available on demand to learn on your schedule. The structure of the online program will allow you to build strong relationships with your peers during the program. However, the program is flexible enough that, if needed, you can take a reduced course load and extend your time in the program. Graduates of the program earn a base salary of about $99,000.

What Students Are Saying

I graduated from uofa with an economics degree and then worked for my my family's manufacturing business. After 3 and a half years, I knew I needed help taking the company to the next level but I needed to keep working. The online MBA was the perfect solution. After 36 months of studying part-time, I can say my business skills are beyond where I thought they would be. What I learned about leadership and operations I use every single day. I was surprised that I was also able to network and build relationships with my group even though I had the flexibility to choose a lot of my own courses as I went. The other reason I choose the program is because of the flexible start dates. I kept putting this decision off, so when I was finally ready, I didn't have to wait another few semester to get going.

Thomas Fidani, Online MBA

The Curriculum 

The MBA program is designed to provide a key grounding in the fundamental areas of business. All students will complete the core courses, such as Financial Reporting and Analysis, Economic Foundations, Managerial Finance, Organizational Strategy and Data Analysis and Decision Making, and then round out the program with a choice of electives. Apart from the MBA core courses, students are required to take the MBA capstone course: Business Strategy which brings together what you’ve learned in the program. Students can round out their program with a choice of seven different elective courses. These courses are drawn from across various disciplines and give students the chance to focus their studies in areas that are relevant to their career goals.

Locations

Online and Edmonton, Alberta

6

DeGroote School of Business

degroote-school-of-business
4.8/5
$ $ $ $

McMaster University is one of Canada’s most prestigious institutions. It has grown into prominence in multiple disciplines, thanks in part to generous donations from the DeGroote family to establish the DeGroote Schools of Business and Medicine, respectively. From its campus in Hamilton, Ontario, the university delivers worldwide cited research and welcomes 30,000 students between its on-campus and online programs.

What Sets the DeGroote School of Business Apart? 

The blended, part-time program is built for students working while getting their degree. Half the program is delivered online, but in-person requirements are only three weekends a semester, making it manageable for working professionals. Further, in many cases, the program allows you to complete required ‘work-integrated assignments’ at your place of employment, giving student professionals ultimate flexibility to complete their degree and work simultaneously. Most students in this program have an average of eight years of work experience.

Courses are taught online and in-person during weekend residencies, so you’ll be required to attend class at the Ron Joyce Centre for three weekends a term. As part of a cohort, you will have a greater opportunity to network and collaborate with your peers.

The Curriculum

Leaning heavily on two of McMaster’s strengths – finance and health – coursework sets students up to move into careers in the financial markets, with courses like predictive modelling for investment banking, or into the healthcare field, with courses such as health policy governance.

The program’s first year is like the full-time MBA program, but it is adapted for working professionals so you can apply the concepts immediately in your career. During the second year, there are immediate courses in the core areas of accounting, finance, marketing and operations. These build on what you learned during the first year. Electives allow you to tailor your experience to your career and specific interests.

During the third year, what you’ve learned,  your professional experience, and the key program features of innovation, integration, and interdisciplinary learning, are all brought together in the strategic innovation project.

Locations

Online and Hamilton, Ontario

7

Dalhousie University

dalhousie-university
$ $ $ $

One of the oldest universities in Canada, Dalhousie University grew from a regional educational institution to a globally recognized university. With around 19,000 students across all programs, the university is large enough to have all the resources its students need but not so big that students feel lost in the crowd. The university also attracts students from around the world, making diversity a key element of the Dalhousie experience.

What Sets Dalhousie Apart? 

Despite being labelled a “blended” program, Dalhousie’s Blended MBA is delivered 90 per cent online. Each program’s capstone course is held during a five-day summer session on Dalhousie’s historic Halifax, Nova Scotia campus. You only come to class at the end of each course for an ‘intensive’ on campus, including group work and other career services for students. Further, the program intensives are three-five day sessions that are offered in different cities across Canada, making it even more flexible.

Educational resources enhance online learning, including readings, videos, discussion posts, blogs, and audio files. Realtime elements include Live Classroom, tutorials, Collaborate Ultra, Adobe Connect and Skype sessions, ensuring rich personal connections with your professors and class participants.

The Curriculum

Dalhousie’s blended MBA program operates in one of two streams: Financial Services or Leadership. Depending on which stream students choose, courses will gear them up for the high-finance world of banking, venture capital, and private equity or the leadership track to take on the global management world, handling people issues, learning and development, and change management.

Locations

Online and Halifax, Nova Scotia

8

Toronto Metropolitan University

online-mba
$ $ $ $

Toronto Metropolitan University located in downtown Toronto is home to the Ted Rogers School of Management. As of 2023, MBA students from the school had an average employment rate of 91 per cent within six months of graduation. The Ted Rogers school is also accredited by the Association to Advance Collegiate Schools of Business, joining a few other mentions on our list as part of the international organization.

Choosing to study in the largest city in Canada has its benefits, providing access to major corporations for students seeking exciting career opportunities as well as having access to many start-up incubator locations such as Toronto Metropolitan University’s own DMZ – a world-leading incubator for tech start-ups around the world.

What Sets the Ted Rogers School of Management Apart?

The university offers part-time and flex full-time MBA programs that allow you to keep working, caring for family or managing other responsibilities while you study.

Students with a non-business undergraduate degree can complete the Flex Full-Time program in 20 months by completing Foundation Business courses starting in the spring and continuing with the core program in the Fall. Applicants interested in the Flex Full-Time MBA study option would apply to the Full-Time MBA program.

The school’s MBA programs have been ranked among in the Top 3 MBA in Canada by Bloomberg Businessweek and the Top 2 MBA in Canada by Corporate Knight’s Better World MBA Ranking and Top 100 MBA in the World by The Economist.

The Curriculum

The Ted Rogers School of Management MBA program is driven by four themes: diversity, technology, innovation and entrepreneurship. Ted Rogers MBA graduates lead for performance and wellbeing guided by ethical corporate governance, socially responsible decision-making and stewardship of the environment.

The courses are offered once a year in a designated delivery format that is tailored to the content of the course. As versatile learners, students in the Ted Rogers MBA program attend synchronous classes online, and in traditional classrooms.

The core curriculum consists of seven one-semester courses. A staple of the MBA experience, the core curriculum is designed to give students an in-depth mastery of the academic disciplines and applied functional areas necessary to every business leader’s success. Taught by full-time professors, the core leaves students with practical knowledge; case-based lessons and collaborative learning models train students to analyze, decide and lead while creating a common student experience that fosters a deep sense of community.

To graduate, you must successfully complete all the required core course credits, take six half credit electives and fulfil the capstone project requirements.

Locations

Toronto, Ontario

9

University Canada West (UCW)

university-canada-west
4.8/5
$ $ $ $

With a mix of online and on-campus programs, the Vancouver-based university focuses exclusively on professional and business education. It’s also part of the Global University Systems, an international consortium of universities. According to the latest data from alumni, 95 per cent of UCW MBA students are working or have a job lined up within one year of graduating.

What Sets UCW Apart?

The UCW two-year online MBA program focuses on building critical thinking capabilities as a foundation for everything else. As the business world changes rapidly, UCW aims to ensure its students understand how to plan strategically, conduct data analysis to make the right decisions and communicate their ideas so people get behind them. UCW offers a 30 per cent discount on tuition for Canadian Armed Forces and veterans.

What Students Are Saying

I’am a MBA student enrolled for the Fall 2019 program and it’s education standards are of a world class. I’m really impressed with the commitment and dedication of UCW service staff and they helped me to find, assess my education credentials, and enroll for the MBA program. This is just not another MBA program. You need to show your commitment, engagement, enthusiasm and courage to learn and apply your knowledge in practical scenarios. Apply now and you will never regret your decision.

Hashitha Nishantha, Online MBA

The Curriculum 

UCW’s online program is geared towards partnering students with businesses to learn theoretically in class but in an apprentice model in the real world. The university partners with organizations like Salesforce and IBM to build direct-to-career courses such as analytical foundations, management principles, and consulting case practice.

Locations

Online, Vancouver

10

University of Guelph

university-of-guelph
$ $ $ $

One of the premier universities in the world for agriculture, hospitality, and environmental sustainability, the University of Guelph takes those strengths into all its degree programs. Over 24,000 students attend the university between its on-campus and blended online programs, and over 800 faculty conduct thousands of research projects across all departments. The Gordon S. Lang School of Business and Economics is home to the University of Guelph’s Lang MBA program.

What sets Guelph Apart? 

Because the MBA program draws from the University of Guelph’s core strengths of agriculture, hospitality, and sustainability, it may not be fit for the finance-intensive MBA candidate. However, if you’re looking for education in business within those specialties, Guelph is one of the most robust options in the world. The blended program takes place over two years, primarily online. During the program, students participate in three’ residential periods’ on campus, ranging from five-11 days each. The program has a 96 per cent approval rating from graduates. The average age of students entering the program is 33, and the age range is 22 to 62. Students report an average salary increase of 26 per cent upon graduating from the program, and 96 per cent said the program provided a good foundation for further career advancement.

For the second year, the program has placed fifth in the Top 40 of the Corporate Knights Better World MBA Ranking.

The Curriculum 

Combining both online and in-class learning, Guelph’s MBA coursework is uniquely connected to the physical world, with courses around environmental business sustainability, hospitality, and the business of forestry. Graduates will be well set up to work for major construction companies, import/export companies, or utilities companies that deal in natural resources.

11

Laurentian University

online-universities-canada
$ $ $ $

In the heart of Northern Ontario, Laurentian University is explicitly “tri-cultural” (English Canadian, French Canadian, and Indigenous Canadian) and bilingual in its instruction, culture, and programming. Students on-campus get to embrace the rural setting with lakes, waterways, fields, and forests. For online learners, Laurentian’s programs share the culture and mentality of an open rural university via the Internet.

What Sets Laurentian Apart? 

Delivered in either French or English, Laurentian’s online MBA program welcomes people from all over the world. Courses focus on managing complex information systems, business ethics, and operating within a globalized context. The average online MBA student at Laurentian has 13 years of intermediate-level work experience, and their average age is 43.

The Curriculum 

Laurentian’s online MBA program focuses its coursework on students who want to become ethical leaders with courses around managing complex information and ethical decision-making. Classes focus on ethical leadership, advanced financial and marketing concepts, managing information systems, and business strategy and explore the complexities of working within a global context. The program, anchored on Laurentian’s “tri-culturalism,” sets graduates up for social impact, government, diversity and inclusion, or corporate social responsibility (CSR) careers. Recent graduates must complete a work-integrated learning program to give them the experience to move their careers forward.

Locations

Online and Sudbury, Ontario

12

Thompson Rivers University

online-mba
$ $ $ $

Located in Kamloops, British Columbia, Thompson Rivers University (TRU) is home to the Bob Gaglardi School of Business and Economics, which aims to connect the interior of British Columbia to the world through experiential education and high-quality research. TRU prepares students to excel in their workplaces and communities.

What Sets the Bob Gaglardi School of Business and Economics Apart?

Thompson Rivers MBA students can complete the program entirely online or on-campus, part-time or full-time, or combine course delivery options to fit their needs. Learners also have the choice to complete the program in a one-year accelerated program or over two years through thesis, project course-based options. GMAT scores or professional work experience are not needed for admission.

The Curriculum

Courses include managerial statistics, financial accounting, management accounting, marketing management, human resource management, ethics and corporate social responsibility, supply chain management, project management and consulting methods and more.

In addition to the 14 core courses in the MBA, all students must select one of three completion options for their MBA:

• The course-based option allows students to study four additional advanced management courses to complete their MBA program, providing them with a broader knowledge base.
• The graduate project option allows MBA students to address an applied management issue or problem. This option provides situational experience and enables the student to focus on a specific area of management of relevance to their interests, future goals, or organization.
• The graduate thesis option allows MBA students to prepare and defend a thesis, further developing critical thinking and academic research skills.

Locations

Online and Kamloops, British Columbia

13

Carleton University

online-mba
$ $ $ $

Carleton University is a research and teaching institution in Canada’s national capital, Ottawa. Its reputation is built on its strengths in journalism, public affairs, international affairs, architecture, and technology. Its students benefit from the university’s numerous partnerships with the federal government, other universities, and private sector partners.

What Sets the Sprott School of Business Apart?

The Sprott School of Business online MBA program from Carleton University provides the ability to complete an MBA online in 12-24 months, along with experiential learning opportunities, career-relevant insights and a supportive environment focused on developing each student’s talents and helping them succeed. These graduate-level programs are designed for students with bachelor’s degrees and at least two years of professional work experience. The Sprott School of Business is AACSB Accredited, and its MBA is one of the world’s leading MBAs for sustainability and responsible management.

The Curriculum

Students can choose from four MBA offerings: a standard MBA, MBA in Business Analytics, MBA in Financial Management or MBA in Management and Change. Students can develop specific competencies within their MBA by selecting one of the market-driven concentrations. Or complete the MBA without a concentration and customize a program with a selection of electives. Students can also take the MBA with a Collaborative Specialization in Climate Change.

Locations

Online and Ottawa, Ontario

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13 thoughts on “Canada’s Best Online MBA Programs of 2023”

  1. I love this website! I heard from my top 3 schools within 24 hours of requesting a course package on your site. Feels like I’m closer than ever to earning a professional degree. And I’ll be the first member of my family to do so. Grazie!

  2. I’ve been attending the University of Fredericton for two years and it has been great thus far. I signed up for UFRED because of the virtual classroom, and it has been a blessing in the time of COVID-19. People ask me mainly “how do group projects work?” Group projects work very well, we have charters and use Skype and Google Drive (Docs/Sheets/Slides) to collaborate.

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  6. I have been doing my Executive MBA at UFred for nearly a year now and am loving it. The online platform is perfect for busy working professionals. The group projects are great and straightforward to coordinate with the technology platforms offered today. There is one virtual class a week and a steady amount of homework, assignments and exams. There are a lot of tools available to you through their site, and the professors have been very communicative to help you when needed. I am most impressed with the calibre of my student colleagues; the relationships and collaboration that you have with them are the best learning experience. I highly recommend this University if you are independent and require a program that you can mould to your availability.

  7. Well now this just saved me a lot of time. Straight to the point, credible, really nicely designed interface. Thanks! Would be awesome if you could do this for US schools too but I understand the Canadian market focus. Keep up the great work.

  8. Thanks for sharing the information! I will highly recommend this to students.
    You can check why international students have chosen Canada as their top choice to study for an MBA in Canada. MBA graduates in Canada can expect competitive salaries and opportunities for advancement, making it a valuable investment in their future careers.

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