Top Business Schools in Canada for MBA 2025: Acceptance Rate, Fees, Courses & More

Thinking of doing your MBA in Canada? Great choice! Whether you’re aiming to become a future CEO, launch your startup, or pivot to a new industry, Canada is home to some of the top business schools in the world. With global connections, flexible formats, and strong post-grad outcomes, an MBA here can open big doors.

In this guide, we’ll walk you through the Top MBA Schools in Canada for 2025—from the elite halls of Rotman and Desautels, to the dynamic, career-ready programs at Ivey, Smith, and Schulich. We’ll break down acceptance rates, tuition fees, popular specializations, and what makes each program stand out. Ready to find your perfect MBA match? Let’s dive in!

Top MBA Business Schools in Canada

University of Toronto – Rotman School of Management

Looking for a world-class MBA in Canada? The Rotman School of Management, part of the prestigious University of Toronto, is Canada’s top-ranked business school for 2025—and for good reason! Located in downtown Toronto, Rotman attracts students from all over the world. In fact, nearly 60% of the MBA cohort is international, creating a rich, global classroom experience. The Rotman MBA program boasts a 90% employment rate within 6 months of graduation, with many students landing roles in top companies like Deloitte, McKinsey, RBC, and Google. Following are the key details of University of Toronto – Rotman School of Management:

McGill University – Desautels Faculty of Management

If you’re dreaming of an MBA that blends academic excellence with cultural flair, McGill University’s Desautels Faculty of Management in Montreal might just be your perfect match. As Canada’s second-ranked business school for 2025, Desautels is globally recognized for its leadership-driven and integrated MBA program. Located in the city of Montreal, Desautels, this place welcomes students from over 40 countries. Desautels MBA grads see an average salary increase of over 75% after graduation. Below are the key details of McGill University’s Desautels Faculty of Management: 

Western University- Ivey Business School

If you love learning by doing, the Ivey Business School at Western University might be the perfect fit for your MBA journey! Ivey, ranked #3 in Canada for 2025, is known across the globe for its case-based learning model—similar to Harvard’s. Located in London, Ontario, Ivey’s MBA program is intense, fast-paced, and completed in just 12 months—ideal for career switchers and professionals ready to level up fast. With more than 300 real-world cases covered in a year, students walk out with not just a degree, but practical business decision-making skills. Below are the key details of Ivey Business School at Western University: 

Queen’s University- Smith School of Business

If collaboration is your thing, you’ll love the Smith School of Business at Queen’s University! Known for its strong team-based learning model and a personal approach to leadership development, Smith is one of Canada’s top MBA programs—ranking #4 for 2025. Located in Kingston, Ontario, Smith offers an intensive 12-month MBA that focuses on building both hard business skills and soft leadership traits.  

With a near 90% acceptance rate, it’s a great choice for driven candidates seeking a supportive yet elite environment. Smith’s MBA grads enjoy a 91% employment rate within 3 months—and the school is consistently praised for its career coaching and alumni engagement. Following are the key details of Queen’s University- Smith School of Business: 

York University – Schulich School of Business

If you’re looking for an MBA that’s flexible, globally connected, and full of specialized options, you’ll want to check out Schulich School of Business at York University. Ranked #=5 in Canada for 2025, Schulich is a top choice for ambitious students who want an international edge and a customizable learning journey. Located in Toronto, Schulich’s MBA program is highly modular, allowing students to choose from over 15 specializations—from International Business to Sustainability, Marketing, and Real Estate & Infrastructure. Schulich’s MBA grads see an average 85% employment rate within 3 months, and the school maintains one of Canada’s highest ROI for business education. Below are the key details of Schulich School of Business at York University: 

Conclusion

There you have it—Canada’s top business schools for MBA 2025, each offering its own flavor of excellence. Whether you want the global prestige of Rotman, the cultural richness of Desautels, the fast-track power of Ivey, the collaborative vibe of Smith, or the flexible global reach of Schulich, there’s something here for everyone. 

Remember, the best MBA for you depends on your goals, learning style, and career dreams. So take your time, explore your options, and go where you’ll thrive.  Your future network, salary boost, and career switch could all start with the right decision today. Looking for help with MBA applications, SOPs, or scholarship essays? I’ve got you covered!