Admission

Applicants must meet the minimum outlined in one of the following categories:
High School
Students entering from high school are required to have an Ontario Secondary School Diploma or equivalent with a recommended minimum average of 70% in six courses at the 4U or 4M level or equivalent including:

Grade 12 English (ENG4U level or equivalent)
Grade 12 Math (U/M level)
Four other Grade 12 courses at the U/M level
Students entering from high school are required to provide:

Official high school transcripts*
A completed online application form.
Proof of English Proficiency, if required**

Mature Students
A mature student is an applicant aged 19 or older on or before the commencement of the program, who has not achieved an Ontario Secondary School Diploma (OSSD) or its equivalent and has not engaged in formal education for at least 2 years before applying.

Mature students will be evaluated on the successful completion of courses at the post-secondary level or through proficiency assessments, and are required to provide:

Official transcripts from all institutions attended*
A completed online application.
Resume
Proof of English Proficiency, if required**

Other Post-Secondary Institutions
Students may enter after completing a two- or three-year college/university program and will be assessed for admission on a case-by-case basis. Students entering from other post-secondary institutions may be considered for transfer credits.

Students entering from other post-secondary institutions are required to provide:

Official transcripts from all post-secondary institutions attended*
Detailed course descriptions, if applying for transfer credits
A completed online application form.

A minimum overall IELTS Academic score of 6 and no less than 6 in each ability or equivalent.

Admission Requirements for Direct Entry
Domestic and international students (including current Ontario university graduates, graduates, and out-of-province Canadian students) interested in applying to IBU may do so directly by completing an online application form.

Honours Undergraduate Degree
2 years of work experience
B+ GPA or equivalent
Additional courses may be required*

Other Undergraduate Degree
2 years of work experience
B+ GPA
Additional courses may be required *

*If you do not hold a Bachelor of Commerce (BCom), Bachelor of Business Administration (BBA), or equivalent business degree, you may be required to complete two bridging courses.

Bridging Courses:

Quantitative Methods for Business
Introduction to Business

Applicants whose first language is not English and who have completed fewer than 4 consecutive years of study in an English-speaking country must show evidence of their English language proficiency by providing an official English language proficiency certificate (i.e. TOEFL, IELTS or the Canadian Academic English Language Assessment – CAEL).

International Students
If the international student’s official language of instruction in the undergraduate degree (at least 3 years full-time) was English, and they achieved a minimum of a B+ GPA or equivalent, they will be required to submit an official foreign undergraduate degree transcript.

If the official language of instruction in the foreign undergraduate program was not English and the native language of the student is not English, proof of proficiency in English is required. Submission of the official transcript and results of the English Language Proficiency Test are required, as well as a minimum of a B+ GPA or equivalent.

International students will require a valid study permit.

Mature Students
Mature students will be able to apply directly to the MBA program. Their applications will be considered individually, and they may need to complete prerequisite subjects.

Applicants who do not meet the minimum admission requirements and do not have an undergraduate degree but show potential for success in graduate-level study, will be considered on a case-by-case basis. However, extensive work experience and volunteer experience at a managerial level is expected.

Applicants must meet the standard admission requirements of proof of proficiency in English and may be assessed for experience and performance in a number of education/training courses.

Applicants must provide all application materials and a minimum 3-5 page essay outlining their desire to earn an MBA in Technology, Innovation and Entrepreneurship.

Transfer Students
Applicants may apply for admission based on previous studies completed in good standing at an accredited postsecondary university.

Applicants must meet the standard admission requirements as well as a minimum of a B+ GPA or equivalent.

Applicants must submit official transcripts from their transferring program and postsecondary university.

Proof of English proficiency may be required on a case-by-case basis.

All applicants are required to submit the following documents and fees:

A completed online application form
A non-refundable application fee
Official transcripts for all previous undergraduate studies (if applicable)
A CV detailing work experience, skills, voluntary engagement, and interests
A Statement of Purpose of approximately 1000 words, outlining your reasons for pursuing an MBA, your career objectives, and how your previous studies and experience have prepared you for the program
Reference letters (minimum of 2)
Proof of English proficiency (if applicable)

A minimum overall IELTS Academic score of 6 and no less than 6 in each ability or equivalent.

English Language Proficiency Admission Requirements

All courses offered by International Business University (IBU) are conducted in English. To ensure the success of all admitted students, applicants are required to provide evidence of strong English language written, oral and comprehension skills.

If your first language is not English and if you completed fewer than 4 consecutive years full-time in an approved Canadian secondary school, you must provide test results from one of the following English Language Proficiency Test providers. The test must have been taken within 2 years of the start of your term of admission and your test results must be equal to or greater than the minimum scores listed below.

Test results must be sent directly from the test provider to IBU.

Test accepted by IBU and their required minimum scores are:

Cambridge Assessment English C1: Advanced and/or C2: Proficiency
Required score: minimum 175 overall with no component below 170.

Canadian Academic English Language Assessment (CAEL)
Required score: minimum 70 overall with no band below 60.

International English Language Testing System Academic (IELTS) (not general test)
Required score: minimum 6 overall with no band below 6.

Pearson Test of English (PTE)
Required score: Overall 60 for the explanation of Pearson Test of English (PTE).

Test of English as a Foreign Language, internet based (TOEFL iBT) (not Super Score Test and not Home iBT test)
Required score: minimum 83 overall with no individual scaled score (writing, speaking, reading, listening) below 20.

Canadian Language Benchmarks score
Required Score: minimum score of 7

Post-secondary level English for Academic Purposes program accredited by Languages Canada
Required Level: minimum equivalent of B Standing

Common European Framework of Reference for Languages (CEFR)
Required Score: Level C1 or higher

Michigan English Language Reading Battery (MELAB)
Required Score: Minimum 76

Canadian Test of English for Scholars and Trainees (CanTEST)
Required Score 4.5 in Reading and Listening and 4.0 in Writing

Duolingo
Required Score: Minimum score of 105

Canadian Language Proficiency Index Program (CELPIP)
Required Score: Over All 7, with no band less than 7

 

Bachelor of Commerce (Honours) in International Management and Technology 

A Bachelor of Commerce in International Management and Technology degree is a program tailored for students interested in pursuing a career in international business, management, and technology.

Graduates of this program are equipped with a diverse skill set that is highly valued in the business world. They can pursue a variety of career paths such as international business consultant, global project manager, supply chain manager, marketing manager, technology strategist, or business analyst. They can work in multinational corporations, start-ups, government agencies, non-profit organizations, or even start their own ventures. Overall, IBU’s Bachelor of Commerce in International Management and Technology degree offers students a unique combination of business management and technology skills, preparing them for exciting and challenging careers in the global business arena.

MBA in Technology, Innovation, and Entrepreneurship

An MBA in Technology Innovation and Entrepreneurship is a specialized program that focuses on the intersection of business, technology, and entrepreneurship. It is designed to provide students with the knowledge and skills necessary to successfully launch and manage technology-based ventures or drive innovation within existing organizations.
Graduates of this program are well-equipped to pursue a range of career paths. They can start their own technology ventures, work as technology consultants, innovation managers, or business development managers in technology-driven companies, or even lead technology transfer initiatives in research institutions or government agencies.
Overall, an MBA in Technology Innovation and Entrepreneurship offers students a unique combination of business acumen, technological expertise, and entrepreneurial mindset. It equips them with the skills and knowledge to navigate the complex world of technology, innovation, and entrepreneurship and make a meaningful impact in the business world.

Graduate-level university courses are considered for transfer credit if the grade obtained is a minimum of ‘B’ where ‘B’ equals 73 percent or higher. Subject to degree, grade, and program requirements, any course offered for credit by one institution may be accepted for credit by another institution when there is essential equivalency in course content, scope and depth, level of study, assessment and outcomes. The maximum number of transfer credits shall not exceed 21. In some cases, students will be required to complete additional graduate courses in order to fulfill program requirements.

(*based on the evaluation done by Admissions Committee at IBU)

CIBC INTERNATIONAL STUDENT PAY

Note: You do NOT need to go to a CIBC branch or have a CIBC bank account to use this service.International Business University has partnered with CIBC International Student Pay for students making payments from outside of Canada.
CIBC International Student Pay is a cost-effective method for students to pay their fees from anywhere in the world. Gain access to live, competitive Foreign Exchange rates offered exclusively to IBU students and held for you for 72 hours.
Benefits of CIBC International Student Pay include:

Benefits of CIBC International Student Pay include:

CIBC International Student Pay supports your preferred payment methods:

MAKE YOUR PAYMENTS IN 3 EASY STEPS

Students who complete level 3.3 of the ILAC pathway program can apply for direct entry into all IBU Bachelor of Commerce (Honours) and MBA programs.

Centennial College

Transfer credit pathways from Centennial’s two-year Business Diploma and three-year Business Administration – Leadership and Management Advanced Diploma to IBU’s Honours Bachelor of Commerce Degree in International Management and Technology. Centennial graduates who meet IBU admission requirements are eligible for block transfer credit recognition towards IBU’s degree program.

Two-year college diploma graduates can enter the fourth semester of the IBU program and will have to complete five semesters to achieve the Honours BCom degree. Three-year advanced diploma graduates will enter the fifth semester of the IBU program and will be required to complete four semesters to achieve the Honours BCom degree. IBU courses are offered on a continuous basis. Centennial graduates entering the program in semesters 4 or 5 may enroll in any courses required for degree completion at any time.

Ottawa Education Group’s (OEG) Program Pathway

MBA Pathway

For graduate students, holding an undergraduate degree in business and aspiring to pursue an MBA in an international setting, OEG offers a specialized Preparatory Pathway Program. Comprising three comprehensive modules, this program is meticulously designed to prepare students for success in the innovative and employment-focused MBA programs offered by IBU in Canada. Upon achieving a minimum average of 70%, students are granted credit standing towards IBU’s MBA degree, accelerating their academic journey.

Bachelor of Commerce (Honours) Pathway

For international students aspiring to pursue an undergraduate business program, OEG offers a specialized preparatory pathway – the Undergraduate Pathway Program. Comprising five comprehensive modules, this program is meticulously designed to enhance students’ communication, learning, and language proficiencies. Upon achieving a minimum average of 70%, students are granted credit standing towards IBU’s Bachelor of Commerce (BCom) degree, accelerating their academic journey.

Please note: that admission is dependent on meeting IBU’s requirements for admission including: academic standing; English language proficiency standards; and obtaining an International Student Study Permit. In some cases, IBU may require additional preparatory courses depending on the level of preparation of the student applicant.

Students who complete level A2 of the ILSC pathway program can apply for direct entry into all IBU Bachelor of Commerce (Honors) and MBA programs.

Bachelor of Commerce (Honours)

The following Tuition and Fees do not factor any Scholarship and Bursary Awards you may be eligible for.
Please determine your eligibility to reduce your Tuition and Fees by up to $18,000 HERE.

BCOM
2024-25 Academic Year Tuition and Fees

– 2024-25 Academic Year includes Fall 2024, Winter 2025 and Summer 2025 semesters.
– Domestic Students: Canadian Citizens, Permanent Residents, and Protected Refugees.
– IBU accepts payments exclusively through the CIBC International Student Payment (ISP) portal.
– International Students are automatically enrolled in the mandatory health coverage with GuardMe at a rate of $720 per year.
– A $250 non-refundable administrative fee will be charged to all student refunds.
– Late tuition and fee payments are subject to a 1.25% fee per month.
Note: Tuition and Fees are reviewed annually and subject to change.
IBU Tuition & Fees Policy
IBU-Tuition and Fees Collection Policy

Master of Business Administrattion

The following Tuition and Fees do not factor any Scholarship and Bursary Awards you may be eligible for.
Please determine your eligibility to reduce your Tuition and Fees by up to $5,000 HERE.

MBA
2024-25 Academic Year Tuition and Fees

– 2024-25 Academic Year includes Fall 2024, Winter 2025 and Summer 2025 semesters.
– Domestic Students: Canadian Citizens, Permanent Residents, and Protected Refugees.
– IBU accepts payments exclusively through the CIBC International Student Payment (ISP) portal.
– International Students are automatically enrolled in the mandatory health coverage with GuardMe at a rate of $720 per year.
– A $250 non-refundable administrative fee will be charged to all student refunds.
– Late tuition and fee payments are subject to a 1.25% fee per month.
Note: Tuition and Fees are reviewed annually and subject to change.
IBU Tuition & Fees Policy
IBU-Tuition and Fees Collection Policy

IBU FINANCIAL AID PROGRAM
At IBU, we work hard to make your education affordable and flexible. Our International Business Management and Technology program will make you into the most marketable and prepared future employee that you can be. We believe in the education we provide to our students. That is why we offer a very competitive and affordable financial aid program in Ontario to support you during your journey with IBU.

If you are eligible and approved, IBU will defer up to one-hundred percent (100%) of your program tuition and book fees until after you graduate and get a job. In order to continue receiving the IBU financial assistance, you must meet the academic progress requirements during the program. Funds from scholarships and bursaries are applied directly to tuition and other student fees owing.

IBU Financial Aid Program Highlights:

• For a limited number of eligible domestic applicants, up to 100% of their tuition and book payments will be deferred until they are employed after graduating.
• IBU Financial Aid is absolutely interest-free. The student will only pay back the total tuition and book cost incurred during the study. There will be no interest charge to the financial aid package.
• The student will have a chance to have 25% of the total financial aid waived if they graduate with an average CGPA of 4.0 and up.
• You only pay monthly when your income is greater than the income threshold as determined by the university.

In order to check if you qualify and for for any other questions, contact our Enrolment Office today.

Eligibility
To be eligible for the IBU Financial Aid Program the applicant must be a Canadian citizen or permanent resident and take a minimum of 9 credit hours per semester from in-class and/or the IBU Online PLUS program.
A co-signer is required. If you drop out of the program before you graduate, you have to pay back the outstanding dues within six months.

Required Documentation

• Address Proof (for last 5 years of residence)
• Income Proof for both the applicant and the co-signer
• Copy of passport or PR Card

Entrance Scholarships

IBU is pleased to welcome new students and offers two types of entrance scholarships.
Entrance Scholarships for Academic Achievement
IBU would like to reward your hard work in secondary school!
You will automatically be considered for a merit-based entrance scholarship if:

• you are a Canadian citizen or hold permanent resident status.
• you are currently a full-time secondary school student (with continuous full-time secondary school attendance for the past 4 years)
  or
  you completed your full-time secondary school studies no more than one academic year prior to your semester of admission (with continuous full-time secondary school attendance for 4 years)
• you are beginning post-secondary studies for the first time.
• you will be registered full-time* in your IBU degree program.

Entrance scholarships are granted for each of your first two IBU semesters and are awarded based on the average of your top six Ontario Grade 12 U or M final full credit course grades, including the specific required courses for your program (or equivalent Grade 12 final credit course grades from secondary schools outside of Ontario). **

Entrance scholarships for academic excellence are allocated as follows:

* Full-time status at IBU required for entrance scholarships is defined as a minimum 80% course load (12 credit hours). Entrance scholarships will be cancelled if you drop courses and reduce your course load to below 12 credit hours at any time for that semester.
** The determination of the credits to be used in the calculation of your Grade 12 average lies solely at the discretion of IBU; as well, changes to final secondary school grades received after August 1 will not result in recalculation of the average.
*** If you earn a grade point average of at least 4.0 for your second semester you will also receive this scholarship in your third semester, and you will continue to receive the scholarship as long as you continue to take a full-time (80%) course load and earn a minimum 4.0 grade point semester average, up to a maximum of 8 semesters. If you register full-time and earn a 4.0 grade point average in each semester, you will receive the maximum 8 entrance scholarship awards.

General Entrance Scholarships

You will be granted an entrance scholarship of $750 each for first two semesters if:

• you did not receive a merit-based entrance scholarship.
• you are a Canadian citizen or hold permanent resident status.
• you will be registered full-time* in your IBU degree program.

* Full-time status at IBU required for entrance scholarships is defined as a minimum 80% course load (12 credit hours). Entrance scholarships will be cancelled if you drop courses and reduce your course load to below 12 credit hours at any time during the semester.

Currently, IBU students are not eligible to receive funding through the Ontario Student Assistance Program (OSAP). However, there are several other options that can be explored.
These include:
Bank Loans:
Most financial institutions offer line of credit loans to students at favourable rates. Speak to a representative at your bank or credit union to discuss their terms and then research the terms at one or two other financial institutions before making your decision.

Education Savings Plans:
You and/or your family may have been putting aside funds for your education through an education savings plan. Once you have been admitted and registered for your courses, contact your plan to find out what you need to do to have your funds released.

Sponsorships:
Some students are supported by third party organizations, by their Indigenous bands or by foreign governments. These organizations can transfer the funds directly to IBU. If sponsored students are not able to pay their fees by the deadline, or their sponsor will pay directly to IBU, they must submit their sponsorship letter or confirmation to the Enrolment Services office.

Crown Wards:
If you are or were a crown ward and spent at least one full year in foster care, you may be eligible for a full waiver of your tuition and ancillary fees. Contact the Enrolment Services office for details.

HigherEdPoints:
You (and your friends and family!) can convert Aeroplan, American Express, CIBC or TD points, or a HigherEdPoints gift certificate, into funds applied directly to your tuition fees. For details, see HigherEdPoints.com.

Entrance Scholarships:
If you have received an entrance scholarship it will be applied directly to your account.

Other Scholarships:
There are many organizations that offer scholarships to students, some with specific and unique criteria. Review the scholarship opportunities and applications listed on ScholarshipsCanada.com, some of which may fit your situation. Submit as many applications as you can. Another site to explore is yconic.com.

Payment Plan:
If you are experiencing difficulties meeting the payment deadline and can demonstrate the ability to make regular payments, please go to Enrolment Services to discuss a payment plan option (not to exceed one semester).

International Undergraduate Awards

The following awards are bestowed automatically.
You don’t need to apply for an award, as these awards will be granted at the point of admission (if eligibility is met).