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Best Business Schools in Canada in 2023

If you are among those interested in learning about business in Canada, this article is for you. We have compiled list of the best business schools in the country to help you in your learning. Let’s get started!


Earning a business degree is a tremendous way to kickstart your career. Most business programs cover different subjects across different disciplines, as the field requires a diverse set of skills.

For example, business students may be required to take courses in mathematics in order to succeed in economics and accounting.

Writing courses help one develop oral and written communication skills that are crucial to marketing, networking, and other aspects of entrepreneurship.

Because business programs entail such a well-rounded education, people with degrees in business are very attractive to employers.

In addition, many business programs also offer extensive mentorship, internship, and externship opportunities, allowing students to gain invaluable hands-on experience before graduating.

Students seeking an excellent business degree program would be wise to search in Canada, which is home to so many business schools.

This ranking was created as an “averaged” ranking–we looked at five top Canada Business Schools lists, assigned a score to each school on every list based on their position in each ranking, then created this list based on which schools had the highest score with all rankings considered.

With this in mind, read on to see our picks for the best business schools in Canada and learn some interesting facts about what each school has to offer.

Here is the list of the 10 best business schools in the country.

  • University of Toronto Rotman School of Management
  • University of British Columbia Sauder School of Business
  • McGill University Desautels Faculty of Management
  • Western University Ivey Business School
  • Alberta School of Business, University of Alberta
  • York University Schulich School of Business
  • Queen’s University Smith School of Business
  • HEC Montreal
  • McMaster University DeGroote School of Business
  • Simon Fraser University Beedie School of Business

1. University of Toronto Rotman School of Management

The Rotman School of Management at the University of Toronto takes the top spot for a simple reason.

It may not be the oldest business school in Canada, nor the one with the lowest tuition. But it is among the most diverse, offering a wide range of approaches guaranteed to produce well-rounded graduates ready to succeed in the complex world of global finance.

Top Universities’ 2022 QS Global MBA Rankings puts Rotman among the top 50 business schools in the world and ranks it the best in Canada.

The Financial Times gives Rotman the number one spot in Canada on its lists of MBA and Executive MBA, ranking within the top 80 business schools across the globe.

2. University of British Columbia Sauder School of Business

Although only accredited by the Association of Advance Collegiate Schools of Business in 2003, the University of British Columbia’s Sauder School of Business wasted no time in becoming one of Canada’s best business schools.

Of course, it helps that the school can pull from nearly fifty years of history, having been founded in 1956.

In addition to its outstanding resources, Sauder features some of the country’s most unique educational programs.

University of British Columbia Sauder students can participate in Sauder’s Portfolio Management Foundation, a two-year extracurricular program that offers training in Capital Markets.

Students learn about the complexity of investments by managing a multi-million dollar endowment fund, gaining valuable experience they can take into their future careers.

Future realtors and mortgage brokers can study at Sauder’s real estate division, which offers online and in-person courses in mortgage brokering and licensing.

Additionally, students can take licensing exams through the real estate division, all backed by major Canadian regulatory bodies.

3. McGill University Desautels Faculty of Management

Founded in 1956, the McGill Executive Institute works to provide continued learning opportunities to executives at all levels.

It comes as a surprise to no one to see McGill University ranked so high. Considered by most to be the Canadian equivalent of an Ivy League school, McGill garners respect from scholars across the world. McGill’s Desautels School of Management matches the vaunted reputation of its parent institution.

As part of a world-class research institution, McGill University operates a number of centers and institutes designed to increase our understanding of commerce.

Students pair with faculty members from the departments across McGill, including law, arts, and medicine, to give participants a unique cross-disciplinary education.

Through the Institute, students have the opportunity to work with some of Canada’s most important private, public, and non-governmental organizations.

4. Western University Ivey Business School

Continuing the succession of firsts on this list is Western University’s Ivey Business School. The first Canadian school to offer an MBA degree, and the first school outside of the United States to do so, Ivey strives to improve the quality of Canada’s business leaders.

To that end, Ivey has been involved in a number of other significant firsts. The school was the first in North America to open a Hong Kong campus of its business school, teaming with Cheng Yu Tung Management Institute to operate an Executive MBA program. 

Ivey continued that global trend in 2010 when it added a CEMS Global Alliance in Management Education degree, the first North American school to do so.

As this evidence demonstrates, Ivey helps Canadian business people prepare for the future. Thanks to its global focus, the school recognizes that commerce can no longer be held within a single nation’s borders.

5. Alberta School of Business, University of Alberta

The Alberta School of Business is the first to be accredited by the Association of Advance Collegiate Schools of Business, notwithstanding that the Business school was not the first in the country to offer a business degree.

That marker shows the importance of research to Alberta’s program, one that knows a good business leader must take a comprehensive view of economic happenings.

So many research centers operate on Alberta’s campus, including the Alberta Business Family Institute. The Institute exists to help family-operated businesses by offering research-based education programs.

In addition to equipping families with entrepreneurial tools, the Alberta Business Family Institute helps participants understand the wide range of options available to them.

At the Centre of Applied Business Research in Energy and the Environment, Alberta students work alongside faculty members and subject matter experts to analyze energy and environmental concerns from an economic perspective.


That was all on the Best Business Schools in Canada. Was the article informative to you? You can send your reply via the comment section, as we will be there to read it.

Last Updated on March 23, 2023 by Admin

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