You have finished your bachelor’s degree, and the next step is not obvious. You could start working, change direction, or study an MBA degree in Canada and aim for a management role. This guide is for graduates weighing that choice.
It covers who qualifies, what you study, how long it takes, what it costs, and how to apply to International Business University (IBU), which runs its MBA in Toronto and Ottawa and online.
Key Takeaways
- IBU’s MBA takes 16 months over four terms, with September, January, and May intakes.
- You do not need a business degree, but you do need a B+ average and two years of work experience.
- Domestic tuition and fees total $24,160 for 2026-2027, before bursaries.
Is Now the Right Time to Study an MBA Degree?
An MBA is built for people who already have some work behind them. IBU asks for at least two years of work experience, so a graduate who has just finished a bachelor’s degree usually needs to work first, or look at a different master’s program. People study an MBA to move into management, change industries, or start a business.
- Ready to apply: you hold a bachelor’s degree, have a B+ average or equivalent, and have two or more years of work experience.
- Close: you have a bachelor’s degree and about a year of experience. Keep working, and use the wait to choose a specialization.
- Not yet: you have a bachelor’s degree and no work experience. Build experience first, or check whether the MSc in Applied AI fits your degree.
Our guide on whether you can get an MBA right after undergrad covers the timing question in more detail.
MBA or MSc in Applied AI: Which Graduate Program Fits?
IBU offers two graduate degrees. Both run 16 months over four terms, and they suit different backgrounds.
- MBA: any undergraduate degree, a B+ average, and two years of work experience. It is a general management degree with specializations in technology, global business, analytics, information systems, and healthcare.
- MSc in Applied AI: a four-year honours degree in mathematics, physics, engineering, mathematical economics, or computing, or another degree with a solid STEM background. It is delivered in person in Toronto.
If your degree is in STEM and you want technical AI skills, read about the MSc in Applied AI. If you want to lead teams and projects, the MBA is the better fit.
What Do You Study in an MBA?
When you study an MBA degree, the first terms build a shared core, and the later terms narrow to your specialization. IBU’s MBA totals 42 credits over four terms.
- Core courses: financial management, business analytics, organizational behaviour, and marketing.
- Specialization courses: technology and innovation, global business, financial analytics, information systems, or healthcare, depending on the program you choose.
- Applied project: every specialization ends with an MBA capstone project in the final term, completed as a consulting project, a business plan, or a major research paper.
MBA Requirements in Canada: What You Need to Apply
Requirements to study an MBA degree differ from school to school, so read each program page before you apply. IBU’s minimum admission requirements for the MBA are:
- An undergraduate degree from a recognized post-secondary institution
- A minimum GPA of B+ or equivalent
- A resume showing at least two years of work experience
- Proof of English proficiency, if required
You do not need a business degree. If your degree is in another field, you may be asked to complete two bridging courses, Quantitative Methods for Business and Introduction to Business, before the MBA begins.
Your application also includes official transcripts, a letter of intent, and English test scores dated within two years when proof of English proficiency applies. If you are close to these requirements but unsure whether you qualify, contact admissions before you apply.
How Long Does It Take to Get an MBA?
A full-time MBA usually takes one to two years. IBU’s MBA takes 16 months over four terms, with September, January, and May intakes.
You can study on campus in Toronto or Ottawa, or online. Online students attend one virtual class a week for each course, and IBU lists about eight hours of weekly commitment for the class, including assignments. Choose campus if you want in-person networking, and online if you want to keep working.
Which MBA Specialization Fits Your Degree?
Your bachelor’s degree points to a natural starting point, though you can choose any specialization:
- Engineering, computing, or science: Technology, Innovation and Entrepreneurship, or Information Systems Management.
- Business, commerce, or economics: Financial and Management Analytics, or the General Stream.
- Health sciences or nursing: Healthcare Management, or Digital Health and Data Analytics.
- Arts, humanities, or social sciences: Global Business Management, or the General Stream.
IBU’s MBA specializations include:
- MBA in Technology Innovation & Entrepreneurship
- MBA in Global Business Management
- MBA in Financial and Management Analytics
- General Stream MBA
- MBA in Information Systems Management
- MBA in Digital Health and Data Analytics
- MBA in Healthcare Management
Three specializations are also available online:
- Online MBA – Technology Innovation & Entrepreneurship
- Online MBA – Global Business Management
- Online MBA – Healthcare Management
Each program page lists courses, delivery options, and fees, and the online MBA page explains the online format.
Ask Which MBA Fits Your Degree
Contact admissions with your degree and work history to find out which specialization fits, instead of guessing from course titles.
MBA Costs and Ways to Pay in Canada
MBA tuition in Canada varies widely by school and format, so compare the total you pay and what it includes. IBU’s 2026-2027 domestic MBA tuition and fees total $24,160 before bursaries: $22,500 in tuition and $1,660 in fees, with e-books included. The tuition and fees page lists current figures for each campus and for the online MBA.
Bursaries lower that total. For 2026-2027, IBU lists the Emerging Leaders Bursary for its domestic campus MBA and the Career Advancement Bursary for its online MBA. The online non-healthcare MBA shows $22,500 in tuition, which drops to $14,160 after the $8,340 bursary, plus $1,660 in fees. Amounts are reviewed each year, so confirm yours before you apply.
Tuition is only part of the bill. If you study an MBA degree away from home, add living costs, technology, and any travel for hybrid programs. IBU’s guide to MBA costs in Canada breaks the rest down.
Other sources help too. Many employers reimburse part of tuition, banks and credit unions offer student lines of credit for graduate programs, and a Registered Education Savings Plan (RESP) may cover your program if it qualifies. Admissions can also explain IBU’s payment plans.
Is an MBA Worth It?
It depends on the role you want next. Statistics Canada analyzed 2016 Census data and found that people with a master’s degree in business and related studies, a field that includes the MBA, earned over 25% more than those with a bachelor’s degree in the same field. They were also more likely to work as senior and specialized managers, at 38% compared with 24%. The case is strongest when your next role is in management. Our guide to whether an MBA is worth it goes through the trade-offs.
Why Study an MBA at IBU?
- Short program: 16 months over four terms, with September, January, and May intakes.
- Choice of format: on campus in Toronto’s Financial District or in Ottawa, or online.
- Career support: IBU lists personalized career coaching, workshops, and employer connections for MBA students.
- Bursaries: domestic MBA students can receive bursaries that reduce tuition.
- Small classes: the online MBA lists a class size of 30 students.
- Provincial consent: IBU’s MBA is offered with the consent of Ontario’s Minister of Colleges and Universities.
How to Apply to IBU’s MBA
Applying takes five steps:
- Submit your application and documents through the online application form.
- IBU’s Admissions team reviews your file: official transcripts, a letter of intent, your resume, and English test scores if they apply.
- The Registrar’s Office issues a decision, and accepted applicants pay a deposit to receive a Letter of Acceptance.
- Pay the balance of tuition before the start of each term.
- IBU confirms your start date.
Check IBU’s important dates and deadlines page for intake deadlines before you start your application.
Apply for the Next Intake
Apply now so you start in the next intake instead of waiting another term.
Studying an MBA Online: What to Expect
If you study an MBA degree online, you keep your job and skip the commute. Four things tend to trip students up:
- Time: a to-do list rarely holds up against MBA-level coursework, so block fixed study hours each week.
- Motivation: it can dip when deadlines pile up and there is no classroom around you, so set short check-ins with classmates or an instructor.
- Isolation: join group projects and discussion sessions instead of only watching recorded material.
- Technology: test your Wi-Fi and hardware before each exam or presentation.
IBU’s online MBA lists a class size of 30 students and schedules one virtual class a week for each course, which keeps the workload predictable.
Frequently Asked Questions
Can you study an MBA right after your bachelor’s degree?
At IBU, you need at least two years of work experience, so most graduates work for a while first. If you have the experience, a bachelor’s degree in any field can qualify, as long as you also meet the GPA requirement.
What qualifications do you need to study MBA?
IBU asks for an undergraduate degree from a recognized institution, a B+ average or equivalent, and a resume showing at least two years of work experience. You do not need a business degree, though you may take two bridging courses first.
How many years does it take to study MBA?
A full-time MBA usually takes one to two years. IBU’s MBA takes 16 months over four terms, with September, January, and May intakes.
Are MBAs worth it in Canada?
It depends on your next role. An MBA pays off most when it leads to a management position you could not reach otherwise, so compare the tuition and time away from work with the roles you are aiming for.
How hard is it to study MBA?
The difficulty is mostly workload, because most students study while working. In IBU’s online MBA, each course has one virtual class a week plus assignments, so plan your week around that before you enrol.
Is it better to study for an MBA online or on campus?
It depends on your schedule. Online study suits people who want to keep working, while campus programs offer more in-person networking. At IBU, both formats run 16 months.
Which MBA specialization should I choose?
Start from your goal and your bachelor’s degree. Technology and information systems suit engineering and computing graduates, analytics suits business and economics graduates, healthcare suits health sciences graduates, and the General Stream suits anyone who wants a broad base.
Where to Start When You Study an MBA Degree
To study an MBA degree after your bachelor’s, check three things first: your work experience, your GPA, and the specialization that fits your goal. Then contact admissions with your transcript and resume, and ask about the next intake.
Get Your MBA Questions Answered
Contact admissions with your questions now instead of working out requirements from several web pages.
