Business degrees continue to be in high demand — as the industry continues to grow, more companies are looking for highly qualified professionals who understand the principles of economics and finance. If you are thinking of studying business administration as an undergrad or continuing your education as a postgrad student, Canada is a great destination for your business management degree, with more international students heading there every year. Below are the four reasons to head to Canada for your business degree.
Canada is known for its high quality of education — many of its universities consistently appear in the top 100 in the world for the quality of their business administration programmes; among them are McGill University, University of Toronto, Western University, University of British Columbia ad and Queen’s University.
If you want to study business as a part of your undergraduate degree, there are plenty of options available. Ivey School of Business at Western University offers their students an advanced offer before their first year. The first two years are spent studying in any faculty at either Western or another recognised university; the last two are spent at the business school. Ivey believes that opportunity gives their students a diverse and more experienced background before they begin their business studies. If you would rather stick to a four-year business program, Queen’s University Smith School of Business offers one of the best commerce programs in the country. On top of the Bachelor of Commerce, you have an opportunity to receive a certificate in social impact, or combine your business degree with a degree in management, law (Juris Doctor), arts or science.
Canadian programs pride themselves on their diverse curriculum, competitive advantages in the business environment, international exchange programs and alumni networks that provide access into the business world for their graduates.
Canada is one of the world’s most thriving economies. It has the 10th largest GDP in the world and, in 2019, had 56 companies in the Forbes Global 2000 list, ranking 9th just behind Saudi Arabia and South Korea. The country is considered an energy superpower due to its large amount of natural resources and small population of 37 million.
There are many job opportunities for business graduates. The Canadian government encourages international students to stay post-graduation by issuing a post-graduation work permit, which places the country in a uniquely attractive position for international students. While the US and UK look for companies to sponsor their employees’ work visas, Canada has made a decision to create a competitive advantage — after you graduate from a Canadian post-secondary institution, you are given permission to remain in Canada and work full time for up to three years. The length of the work permit depends on the length of your program, but typically, if you completed a four-year course, your work visa will be issued for three years.
On top of the work permit, the Canadian government favours the business industry and offers immigration support for the graduates; some priority occupations for the country include financial management, accounting, auditing and human resources management.
Canadian universities offer a stellar education at a smaller price tag than some other international schools. Studying business abroad provides additional benefits — international experience tells employers that you are confident to make your own decisions, can adapt to change quickly, fit into different environments and think on your feet. Learning about other cultures and customs is extremely important for businesses, especially as they expand on the global market.
A business management degree prepares you for a global career, teaching you skills that include problem-solving, leadership and strategic planning. Combining in-depth business skills with an international outlook from your Canadian university will make you a very valuable employer to organisations around the world.
Kristina Spencer is a writer, editor and producer based in London, UK. She’s written for Vanity Fair, Vogue Business, The Business of Fashion and more.