It's no secret that tuition for an MBA program can be stunningly pricey. To offset the high costs, most Canadian business schools offer awards, scholarships and fellowships based on marks and other criteria. At University of Toronto's Rotman School of Management, for example, about 15 per cent of incoming MBA students are offered an award or scholarship.
Here is a snapshot look at some of the dozens of awards available across the country. (Tuition rates reflect full-time programs and do not include specialized degrees, executive programs or student fees.)
Queen's School of Business
Queen's University, Kingston, Ont.
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Tuition: $58,000
Award: Forté Foundation Fellowships
Value: $20,000; two given each year
Criteria: Awarded to female students exhibiting exemplary leadership (academic, team, community, creative) and diversity (educational and work backgrounds, career goals, ethnicities), may also consider demonstrated commitment to women and girls via personal mentorship or community involvement.
Information: http://business.queensu.ca/mba_programs/women_mba.php and www.fortefoundation.org
Rotman School of Management
University of Toronto
Tuition: $63,000
Award: Martin Ossip Scholarship at the Jewish Foundation of Greater Toronto
Value: $47,500 (approx.)
Criteria: Demonstration of outstanding contributions to the Jewish community and/or exemplifying ethics and values consistent with Jewish faith. Financial need may also be considered.
Information: http://www.rotman.utoronto.ca
Telfer School of Management
University of Ottawa
Tuition: $10,100
Award: Marc Cullen Scholarship
Value: $5,000
Criteria: Full- or part-time students considered; demonstration of outstanding potential based on review of candidate's work experience and motivation.
Information: www.telfer.uottawa.ca
Schulich School of Business
York University, Toronto
Tuition: $42,000-$45,000
Award: Robert Krembil Scholarship of Merit
Value: $60,000 ($30,000 in first year, renewed for an additional $30,000 if student maintains an A average in first 30 credits)
Criteria: Highest academic standing upon entrance, minimum four years' work experience, excellent communication skills, leadership, contributions to community.
Information: www.schulich.yorku.ca
Haskayne School of Business
University of Calgary
Tuition: $24,000
Award: Julius Schulich Award for Entrepreneurship
Value: $15,000
Criteria: Proposal for course of studies in entrepreneurship and new-venture development including statement of career objectives and role of program in reaching objectives, plus two letters of reference evaluating probability of student's success
Information: Associate Dean, Haskayne School of Business, University of Calgary, Calgary, Alta. T2N 1N4
Segal Graduate School of Business
Simon Fraser University, Vancouver
Tuition: $27,000
Award: A. John Ellis Graduate Scholarship in Business Administration
Value: $10,000 for each of several awarded annually
Criteria: Intellectual ability, originality and ability in research
Information: http://business.sfu.ca/mba/scholarships
Asper School of Business
University of Manitoba, Winnipeg
Tuition: $19,100
Award: Archer Daniels Midland Fellowship
Value: $4,000
Criteria: Full-time study with high previous grade point average
Information: www.umanitoba.ca/management/grad
Edwards School of Business
University of Saskatchewan, Saskatoon
Tuition: $23,550
Award: Wawanesa Mutual Insurance Co. MBA Entrance Award
Value: $7,400
Criteria: Most outstanding candidate accepted into the MBA program who has the best application package, plus financial need
Information: Edwards MBA Program, Edwards School of Business, University of Saskatchewan, Potash Corp. Centre, 25 Campus Drive, Saskatoon, Sask. S7N 5A7
Desautels Faculty of Management
McGill University, Montreal
Tuition: $3,530 for Quebec residents; $10,280 for students from rest of Canada
Award: Edward Ballon Graduate Award in Management
Value: $2,500
Criteria: High academic standing, demonstrated leadership skills through extracurricular activities and participation in a sport; must apply at time of application
Information: http://www.mcgill.ca/mba/tuition/scholarship/
John Molson School of Business
Concordia University, Montreal
Tuition: $5,560 for Quebec residents, $11,974 for students from rest of Canada
Award: Robert J. Briscoe MBA Award
Value: $2,500
Criteria: Awarded to a second-year MBA student whose undergraduate degree is not in commerce; must be full-time; preference given to those demonstrating entrepreneurial activity
Information: http://graduatestudies.concordia.ca/awards/
Faculty of Business Administration
Memorial University, St. John's
Tuition: $4,400
Award: Fry Family Foundation MBA Leadership Scholarship
Value: $5,000
Criteria: Academic excellence and leadership, preference given to residents of Newfoundland and Labrador
Information: www.business.mun.ca
Faculty of Management
Dalhousie University, Halifax
Tuition: $14,000
Award: Frank H. Sobey Award for Excellence in Business Studies
Amount: $10,000
Criteria: Completion of at least one year of graduate business at an Atlantic provinces university and enrolled in full-time studies
Information: www.management.dal.ca
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