Master's Degree In Canada: Top Colleges, Fees & Eligibility In 2024

Did you know more than 42,000 international students enrolled for master’s degree in Canada in 2023? As one of the world’s top study destinations, Canada is home to three universities ranked in the world’s top 50 and eight in the top 200, according to THE World University Rankings, 2024. Additionally, with an impressive 95% visa acceptance rate for international students, Canada offers one of the most accessible study paths globally. If you’re aiming to pursue your master’s degree in Canada, we can help you navigate!

After all, the journey toward a master’s degree in Canada can seem daunting without the right guidance. Whether it’s Canada’s renowned universities, the appealing post-graduation career prospects, or the average starting salary for fresh master’s graduates of $65,000 CAD, this guide will help you make an informed decision. So, without further ado, let’s delve into why you should study a master’s in Canada, explore the tuition fees for international students, and much more.

Why Study Master’s Degree in Canada?

Pursuing a masters degree in Canada is an excellent choice for those aiming to build a flourishing career. One major benefit of studying in this country is the affordable tuition fees for master's programs in Canada for international students and living expenses. In fact, the tuition fees for masters in Canada are lower than that of the USA and UK. The exact costs can vary depending on the location, lifestyle, and university chosen. These are some of the reasons for why study masters in Canada and let’s look at more.

1. Canada houses some of the world’s top universities, with three in the top 50 and eight in the top 200 globally, according to THE World University Rankings, 2024. McGill University, among others, stands out for its academic excellence.

2. Canada offers a broad range of master’s programs across both traditional and modern fields like Engineering, Business, IT, Medicine, Finance, and more. This versatility allows students to select courses that align with their career ambitions and the demands of the job market.

3.  It is also known for its streamlined and efficient visa application process. Student visas are often processed within three weeks, making it a hassle-free option for international students.

4. International students on a student visa can work up to 20 hours per week during term time and full-time during breaks, both on and off-campus. 

5. Despite hosting top-ranked universities, Canada’s tuition fees are generally more affordable than those of its US and UK counterparts. Additionally, Canadian cities tend to have lower living expenses, making it a budget-friendly option for international students.

6. The job market in Canada has been steadily expanding, with a thriving economy across sectors like technology, healthcare, and renewable energy. Master’s graduates in Canada can expect an average starting salary ranging from $65,000 CAD to $75,000 CAD.

7. With over 200 nationalities represented, Canada provides a rich multicultural environment that enhances the educational experience and builds a global network for students.

8. Ranking high on the Global Peace Index, Canada ensures a safe and stable environment for international students. From museums and libraries to biggest music festivals in Canada, the city is brimming with vibrant venues. 

Top 5 Universities for Master’s in Canada

Before you pack your bags and grab your toque, let's dive into what makes studying for a master's in Canada a great option. Whether you're interested in pursuing a master's degree or just want to continue your education, you'll find plenty of options in Canada. We have curated a list of top universities to help you shortlist better!

1. University of Toronto

QS World Ranking: #21
Average fees: $35,000 CAD - $65,000 CAD
Popular Master’s Courses: Computer Science, Business Administration, Public Policy
Alumni: John Macleod, Margaret Atwood, Roberta Bondar 

As one of the top universities in Canada, the University of Toronto is known for its strong research programs and diverse subjects. It is surely one of the best universities in Canada for international students for masters. The university is a leading research institution offering popular masters programs in Canada for international students. Though the exact data is not available for every program, the university enrolled 27,000 students in the fall. The first public university in Ontario, founded in 1827, UofT boasts two Nobel Prize winners: Fredrick Banting and Lester B. Pearson. So, if you want to study masters in Canada and in this university, you should check the University of Toronto acceptance rate.

2. McGill University

QS World Ranking: #30
Average fees: $25,000 CAD - $35,000 CAD
Popular Master’s Courses: Business Administration, Communication Sciences and Disorders
Alumni: Justin Trudeau, David Saint-Jacques, James Cameron 

Founded in 1821, McGill University is one of the oldest and best universities in Canada for master’s programs. With a wide range of master degree programs in Canada, you'll be able to find the perfect program to suit your interests and career goals. With 30% of the total student population coming from around the world, McGill has a strong international student body. The university offers more than 400 postgraduate programs with 12 Nobel laureates among its alumni. Moreover, McGill is home to the Montreal Neurological Institute, a world-renowned facility for brain research and treatment.

3. University of British Columbia

QS World Ranking: #48
Average fees: $40,000 CAD - $80,000 CAD
Popular Master’s Courses: Engineering in Clean Energy, Occupational Therapy, Land and Water Systems
Alumni: Christy Clark, Joyce Murray, Fiona Patterson 

Located in the stunning city of Vancouver, the University of British Columbia is a great option for students who want a well-rounded education. With a beautiful campus and innovative programs, this university is a top choice for students worldwide. The university offers 500 graduate programs, including master’s degrees in engineering, public health, and many other disciplines. The coursework focuses on advanced research to contribute to the original research in the field. With over 28% of its total student population being international, UBC is a global pioneer in research, attracting top scholars around the world.

4. Université de Montréal

QS World Ranking: #48
Average fees: $22,000 CAD - $35,000 CAD
Popular Master’s Courses: Data Science, Education, Business Administration
Alumni: Leonard Cohen, Pierre Arcand, Louise Filion  

As one of the largest universities in Canada, Université de Montréal is known for its innovative programs and strong research focus. With a wide range of master degree programs in Canada to choose from, you'll be able to find the perfect program to suit your interests and career goals. The University of Montreat is one of the best colleges in Montreal, and its prestigious reputation boasts world-class professors and researchers. Plus, the stunning campus located on Mount Royal is a boost for many to pursue masters in Canada!

5. University of Alberta

QS World Ranking: #111
Average fees: $20,000 CAD - $45,000 CAD
Popular Courses: Environmental Sciences, Computer Science, Engineering
Alumni: Fiona Patterson, Rachel Notley, Prem Watsa 

Located in Edmonton, the University of Alberta is one of the best universities for masters in Canada for students who want to further their education. With a strong focus on research, this university is known for its innovative programs and world-renowned professors. The University of Alberta offers more than 200 masters programs in Canada, ensuring the perfect fit for your academic aspirations. Moreover, the university offers competitive tuition fees compared to other universities.

MS Tuition Fees & Salaries for Canada

The cost of earning a master’s degree in Canada varies widely due to factors such as the type of program, university, and location. Below is an overview of tuition fees and the average salary per year for different fields of study in Canada:

Here are a few more things to consider:

Memorial University of Newfoundland is one of the most affordable universities in Canada for Masters of Business Administration, costing around $25,000 CAD per year. Students can also refer to a guide to the cost of studying in Canada, you can make a budget ahead.

Best Postgraduate Degree in Canada for International Students

Canada, consistently ranked as one of the best countries for quality of life, offers a world-class education system and a welcoming environment for international students. Here, we provide a detailed guide to the sought-after masters in Canada that can help you navigate many career options in future. Below, we take a look at the best universities and their popular masters programs in Canada:

Eligibility Criteria for Masters in Canada

Earning a master's degree in Canada offers incredible academic growth and career opportunities. Before you apply for the masters courses in Canada, you should know whether your academic background and qualifications match the requirements.

1. Undergraduate Degree

- Eligibility: For international students, to be eligible for a master's degree in Canada, one must first complete an undergraduate degree or equivalent from a recognised institution. Typically, a minimum GPA of 3.0 or higher on a 4.0 scale is required to pass the eligibility mark.

- Documents Required: Official academic transcripts.

2. English Language Proficiency Test

- Eligibility: International students must provide valid scores from an approved English language proficiency test, such as the IELTS, TOEFL, PTE, CAEL, etc. These are the basic requirements for each test to be eligible for admission.

- 6.5 - 7.5 for IELTS

- 85 - 90 for TOEFL

- 55 - 65 for PTE

- 60 - 70 for CAEL

- Documents Required: Official score reports of the respective English language tests.

3. GMAT/GRE Scores

- Eligibility: Some programs may require GMAT or GRE scores, depending on the specific university and program.

- Documents Required: GMAT or GRE score reports (as specified by the program).

4. Work Experience

- Eligibility: Relevant work experience can be advantageous and may be required for certain programs, such as MBAs or specialized master’s degrees. It demonstrates practical skills and the ability to apply theoretical knowledge in real-world settings. Working redefines your career goals and helps you choose a suitable masters degree in Canada. 

- Document Required: An updated CV/resume and letters of recommendation from professional or academic references.

5. Passport & Visa

- Eligibility: For a Canadian student visa, you must provide proof of acceptance to a Canadian institution. You also need to demonstrate that you have sufficient funds to cover tuition and living expenses and meet other eligibility criteria, such as good health and no criminal record.  

- Documents Required:

1. Copy of passport

2. Proof of acceptance (university offer letter)

3. Proof of financial support (bank statements or scholarship letters)

4. Proof of scholarship or funding (if applicable)

Additional Required Documents for Master’s Degree in Canada:

1. Completed application form

2. SOP (Statement of Purpose) or personal statement

3. Letters of recommendation

4. Writing samples or research papers (if required by the program)

5. Proof of citizenship or permanent residency status (where applicable)

6. Application fee receipts

How to Apply for a Master’s Degree in Canada

Suppose you're interested in pursuing master's degree courses in Canada. In that case, the application process may seem daunting at first, but it doesn't have to be. Remember, the application process for the best master's programs in Canada can be competitive, so it's important to plan and put your best foot forward. Here’s how to apply for masters degree in Canada: 

1. Research your program options: Research the various master's courses in Canada. Consider factors such as program length, curriculum, faculty, and research opportunities.

2. Check the admission requirements: Once you've identified a program that interests you, check the admission requirements carefully to ensure you meet all the criteria. It may include academic transcripts, language proficiency tests, letters of recommendation, and a statement of purpose.

3. Prepare your application materials: Gather all the necessary documents and prepare your application materials well before the application deadline. Pay close attention to formatting and submission requirements.

4. Apply online: Most Canadian universities for MS allow you to apply for master's programs online. Follow the instructions carefully and submit your application before the deadline.

5. Follow up on your application: After you've submitted your application, follow up with the university to ensure they have received all your materials. You may also want to contact the department or faculty to express your interest and ask any questions you may have.

Cost of Studying for MS in Canada

Moving to a new country can be daunting, but Canada will make sure you feel at home at all times. If you are going to study in one of the top 5 best cities in Canada, you should have a budget and consider lifestyle expenses. The Canada master’s degree fees and cost of living depend on many factors. On average, you may estimate the living expenses for international students in Canada to be around $15,000 CAD - $20,000 CAD.

Post-Graduate Work Permit after Master’s in Canada

The Post-Graduation Work Permit (PGWP) is an opportunity for international students who graduate from designated learning institutions in Canada. You must be a full-time student, complete a masters degree in Canada that is at least eight months, and apply for PGWP. If your master's program was less than two years but at least eight months, you may still be eligible for a three-year PGWP. Moreover, you can work for any employer in Canada with a valid PGWP.

Top Recruiters for MS in Canada

Canada's booming economy and strong industry sectors make it a highly attractive destination for MS graduates seeking career opportunities. Graduates from Canadian universities are sought after by some of the world's most prestigious companies, thanks to the country’s focus on research, technology, healthcare, and innovation. Here are the top recruiters for MS graduates in Canada across different sectors, along with the average annual salary range for each field:

In essence, pursuing a master's degree in Canada can be a highly rewarding and enriching experience. Canada is home to world-class universities and research institutions, offering a wide range of academic programs across diverse fields. The high quality of education, combined with a multicultural and welcoming environment, makes Canada an attractive destination for international students. Whether you want to study MBBS in Canada or data science, the land of maple syrup will not disappoint. Best wishes for your journey!