Is Masters in Canada is Cheap

Canada is one of the most popular destinations for international students due to its multicultural environment, world-class higher education institutions, and immigration-friendly legislation. Many people have distant dreams of pursuing master's degrees in Canada, but due to escalating costs and other financial challenges, many students are unable to realise these dreams. We'll tell you everything there is to know about the price of MS in Canada in this article. Although studying abroad can be expensive, Canada is one location where you can acquire a top-notch education for a reasonable price. The cost of an MS degree in Canada may be lower than in other well-known wealthy nations.

In Canada, a master's degree can take one to two years to complete and may include involve research in addition to coursework. Master of Business Administration (MBA), , Master of Management, Master of Engineering, Master of Arts or Master of Fine Arts, Master of Pharmacy (MPharma), and Master of Engineering are all MS programmes. International students have a significant advantage when studying in Canada because they are granted a post-study work visa after completing their MS there. The average cost of an MS in Canada is Rs 16.43 Lakh per year, and the average cost of living is Rs 5.46 Lakh per year.

Benefits of studying for an MS in Canada

In the top 300 of the QS World University Rankings 2023, more than ten Canadian universities are listed. In addition, Canada not only welcomes immigrants but also provides top-notch living conditions. While pursuing higher education, international students may work up to 20 hours a week. After completing their studies, graduates have a number of work choices. International students may stay in Canada for up to three years to work abroad after earning a bachelor's or master's degree.

MS Price in Canada Excluding

The list below includes some of the significant factors that contribute to the overall cost of attending college in Canada.

US $250 IELTS/TOEFL fee (approx.)

GRE/GMAT fee - In order to be admitted to an MS programme in Canada, you must submit your GRE or GMAT scores. The GRE is $228 USD and the GMAT is $275 USD in India.

Application fee - This is a one-time payment made during the application procedure. While remaining in your native country, you must pay this one-time cost. Depending on how many institutions you apply to, the cost for each university might range, on average, from CAD75 to CAD100.

Tuition: Although it may differ from university to university, the typical tuition charge is about Rs. 10.76 L per year.

Guaranteed Investment Certificates, also known as GICs, are liquid short-term investments with a one-year maturity and a guaranteed rate of return. Before arriving in Canada, international students must acquire a GIC for $10,000 CAD.

Application for a student visa costs $150 Canadian dollars.

Cost of the biometric charge is 85 CAD.

Flight tickets: One-way airfares typically range from $1,000 to $1,500 in Canadian dollars.

Living costs - Your local area will determine your living costs. The cost of living will be higher if you choose to live in a major city like Toronto or Ottawa than if you choose to stay in a lesser-known locationCAD 750 annually for health insurance, medical costs, accidents, dental work, and interruptions of studies (if it happens)

The cost of tuition varies from university to university and may change depending on the programmes. Compared to other MS programmes, courses connected to medicine are more expensive.

The price of tuition may vary depending on a number of variables, including the programme type (MS/MBA/Ph.D.), the course (CS, Engineering, etc.), the university, and the institution's location (Vancouver, Toronto, Montreal, etc.). If you think the tuition is too expensive, you can apply for a student loan to study in Canada or a scholarship to pursue an MS there. Candidates might search for economical universities in Canada if they are looking for less priced schools.

Canadian living expenses

International students' cost of living in Canada includes housing as well as all costs associated with their daily lives. In addition, it covers things like food, clothing, transportation, health insurance, etc. Students must demonstrate that they have enough money to cover their annual living expenses of $10,000 CAD. A candidate often needs to provide documentation of the Rs 5,46,000 in funding needed for Indian students to pursue an MS in Canada.

Is Master in Canada is cheap

If you're looking for a Master's degree in an English-speaking nation, Canada is a great place to start your search, but you'll need to know where to look. While the most affordable degrees are at institutions outside of big cities like Toronto, Ottawa, Montreal, or Quebec, some courses of study are significantly more expensive than others.

We've chosen 10 affordable Canadian colleges for overseas students who want to earn a Master's degree for less than $15,000 CAD per year. The cost of a Master's degree in Canada can range from less than $500 per year to more than $50,000 per year. Location and subject area account for the majority of these price variations.

According to Statistics Canada, the most affordable Master's degrees in Canada are in the following subject areas: veterinary medicine; personal, protective, and transportation services; and humanities. The Executive MBA is Canada's most expensive Master's programme, followed by Regular MBA, Master of Architecture, and Master of Business, Management, and Public Administration.

Another element that affects tuition costs is location. The universities in Canada's less populous and less well-known provinces, such Prince Edward Island or Newfoundland and Labrador, are less expensive, and frequently there is just one comprehensive university in each province.

Another intriguing point to think about is the fact that certain universities provide cheap Master's degrees but pricey Bachelor's, while others do the opposite. In addition, some colleges provide cost-effective general education programmes. In other words, confirm the tuition costs for the degree of education you want to pursue.

So let's look at 10 Canadian universities that provide master's degrees for less than 15,000 Canadian dollars (CAD) per year for international students.

1. Memorial University of Newfoundland

A comprehensive research institution, Memorial University of Newfoundland is situated in St. John's, Newfoundland and Labrador, Canada. One of the biggest universities in Canada and the largest in Atlantic Canada, Memorial University was established in 1925.

The college provides numerous undergraduate and graduate degrees in a variety of fields, including the arts, business, engineering, science, medicine, and more. The staff of Memorial University is well known for their work in fields like offshore oil and gas, ocean sciences, and Indigenous studies. The university has a strong dedication to research.

Over 18,000 students attend Memorial University, including an increasing number of international students. With a variety of student programmes and activities to support students in their success, the institution offers a welcoming and inclusive atmosphere. 

In addition, Memorial University is renowned for its steadfast dedication to civic involvement and its active participation in the social, cultural, and economic advancement of Newfoundland and Labrador. The institution is regarded as a leading figure in the academic world and is honoured for its contributions to society, cutting-edge research, and top-notch education.

If you enjoy the ocean and marine life, Memorial University is a great pick because over half of all research conducted here is ocean-related. The lone university in Newfoundland and Labrador, Canada's most eastern province, is located on the island near the Atlantic Ocean. However, despite the university's strong emphasis on ocean studies, it offers a wide range of course options.

International students, who make up 19% of the total student body, are fond of Memorial, and the institution provides a number of programmes that are exclusive to Canada, such the M.Eng. in Ocean and Naval Architectural Engineering or the combined Music and Business degree. 

Master's degrees here start at just over 3,000 CAD a year, making it likely the most affordable university in Canada for this degree.

2. Simon Fraser University

Canada's British Columbia is home to the public research university Simon Fraser University (SFU). One of Canada's finest comprehensive universities, SFU was established in 1965 and is renowned for its robust offerings in the humanities, sciences, business, and technology.

The main campus in Burnaby, the Surrey campus, and the Vancouver campus are the three campuses that make up SFU. Numerous undergraduate, graduate, professional, and continuing education programmes are available at the university.

SFU has a significant focus on research, and its professors are well-known for their work in fields like technology, health sciences, and environmental sustainability. Numerous research institutes and centres are located within the institution, which is a part of the Canadian Network of Research and Innovation Campuses.

SFU is a vibrant, cutting-edge university committed to delivering a top-notch education and making a difference in the world.

SFU is famous for its innovative approach to research and teaching, with a focus on interdisciplinary studies, community involvement, and sustainability. The university enrols more than 40,000 diverse students, including an increasing number of international students.

Given that Simon Fraser University was named the top university for entrepreneurial spirit in the World Universities with Real Impact Rankings, 2022, if you have an enterprising spirit and a talent for business, it might be the ideal choice for you. Burnaby, Surrey, and Vancouver are the three major Canadian cities where the institution maintains campuses. Simon Fraser is very committed to sustainability and was ranked 340th in the world by QS. Their Living Lab programme, which enables students, researchers, and staff to test their original ideas on the university's infrastructure, is a part of their attempts to achieve this goal. 

It sounds amazing and is also where you may find one of the most affordable Master's programmes in Canada, with annual starting costs as low as 4,000 CAD.

3. University of Northern British Columbia

In Prince George, British Columbia, Canada, there is a public research institution called the University of Northern British Columbia (UNBC). UNBC, established in 1990, is a compact institution with a clear commitment to undergraduate teaching, research, and community involvement.

Numerous undergraduate and graduate programmes in the humanities, natural sciences, business, health sciences, and environmental sciences are offered by UNBC. Strong environmental science and natural resource management programmes, as well as an interdisciplinary approach to research and instruction, are among of the university's most well-known attributes.

Over 4,500 students attend UNBC, including an increasing number of international students. With a variety of student programmes and activities to support students in their success, the institution offers a welcoming and inclusive atmosphere. 

Additionally, UNBC is renowned for its steadfast dedication to community involvement and for playing a significant part in the social, cultural, and economic advancement of northern British Columbia. The institution is regarded as a leading figure in the academic world and is honoured for the superior education it provides, its cutting-edge research, and its services to society.

Do you enjoy the outdoors and feel at home in untamed surroundings? The University of Northern British Columbia should also be taken into account because of the stunning surroundings, which include tall fir trees, mountain peaks, and wild animals. Additionally, British Columbia is one of the top universities in Canada, coming in at number 40 in the THE World University Ranking and number 47 in the QS World University Ranking (or third best in Canada) (or second in Canada).

Canada's University of Northern British Columbia offers various affordable Master's degrees. A Master's degree will cost roughly 5,000 CAD in year tuition.

4. University of Victoria

In Victoria, British Columbia, Canada, there is a public research institution called the University of Victoria (UVic). One of Canada's top research institutions, UVic was established in 1963 and is renowned for its robust programmes in the humanities, natural sciences, engineering, and social sciences.

Numerous undergraduate, graduate, professional, and continuing education programmes are available at UVic. The university has a reputation for emphasising interdisciplinary research, involvement in the community, and sustainability.

Over 21,000 students attend UVic, including an increasing number of international students. With a variety of student programmes and activities to support students in their success, the institution offers a welcoming and inclusive atmosphere.

Research is a priority at UVic, and many of its academic members are well-known for their contributions to the fields of Indigenous studies, health sciences, and environmental sustainability. The university is a part of the U15 Group of Canadian Research Universities and is home to a variety of research institutes and centres.

Overall, UVic is a vibrant and forward-thinking institution committed to delivering a top-notch education and making a constructive contribution to society.

Students interested in climate studies might choose the University of Victoria because it is actively involved in addressing climate change and conducting important research in this field. In THE Impact Ranking for Climate Action, it came in second place. At the same time, according to the 2021 THE Global Institution Employability Ranking, it is the first comprehensive university in Canada to prepare students for careers. The institution is also dedicated to creating a peaceful relationship with the native people and area where it is located in order to best support its indigenous students.

The University of Victoria charges between 5,000 and 7,000 CAD for master's degrees for international students.

5. St. Francis Xavier University (StFX)

Antigonish, Nova Scotia, Canada's St. Francis Xavier University (StFX) is a university with a focus on undergraduate education. One of Canada's oldest and most distinguished institutions, StFX was established in 1853 and is renowned for its robust business, scientific, and arts departments.

StFX provides a variety of undergraduate degrees in addition to a small number of graduate programmes in subjects including business and education. The university is renowned for its emphasis on undergraduate education and dedication to the achievement of its students.

Over 4,500 students attend StFX, including an increasing number of international students. With a variety of student programmes and activities to support students in their success, the institution offers a welcoming and inclusive atmosphere.

StFX is renowned for its steadfast dedication to civic involvement as well as its active participation in the regional economy, society, and culture. The institution is regarded as a leading figure in the academic world and is honoured for its contributions to society, cutting-edge research, and top-notch education.

Overall, StFX is a vibrant and forward-thinking university committed to offering a top-notch education and making a meaningful contribution to society.

St. Francis Xavier University achieved first place in the Primarily Undergraduate sector of the Maclean student satisfaction survey conducted in 2022, according to the university's official website. The university also took first place in the categories of Course Instructors, Reputation, and Experiential Learning.

A Master's degree at St. Francis costs roughly 6,000 CAD per year to pursue.

6. University of Prince Edward Island (UPEI)

In Charlottetown, Prince Edward Island, Canada, there is a university with a focus on undergraduate studies called the University of Prince Edward Island (UPEI). One of Canada's first colleges, UPEI was established in 1804 and is renowned for its robust business, scientific, and arts programmes.

In addition to several graduate degrees in disciplines including science and education, UPEI provides a variety of undergraduate programmes. The university is renowned for its emphasis on undergraduate education and dedication to the achievement of its students.

Over 5,000 students attend UPEI, including an increasing number of international students. With a variety of student programmes and activities to support students in their success, the institution offers a welcoming and inclusive atmosphere.

In addition, UPEI is renowned for its steadfast dedication to civic involvement and for playing a significant part in the social, cultural, and economic advancement of Prince Edward Island. The institution is regarded as a leading figure in the academic world and is honoured for its contributions to society, cutting-edge research, and top-notch education.

Overall, UPEI is a vibrant and forward-thinking institution committed to delivering a top-notch education and making a meaningful contribution to society.

The lone institution in the Canadian province of Prince Edward Island, which is well-liked by international students, is UPEI. Prince Edward Island is located in the southeast of the country. At UPEI, international students made up more than 30% of the total student body in 2021, with the largest populations being from Asia, Africa, and North America.

Costs for master's degrees range from 6,000 to 14,000 CAD annually. For international students, this university is most likely the least expensive in Canada.

7. Wilfrid Laurier University

In Waterloo, Ontario, Canada, there is a public institution called Wilfrid Laurier University. One of Canada's biggest universities, Laurier was established in 1911 and is renowned for its robust programmes in the humanities, natural sciences, business, and social sciences.

Undergraduate, graduate, professional, and continuing education programmes are all widely available at Laurier. The university has a reputation for emphasising interdisciplinary courses, hands-on learning, and community involvement.

Over 20,000 students attend Laurier, including an increasing number of international students. With a variety of student programmes and activities to support students in their success, the institution offers a welcoming and inclusive atmosphere. 

The faculty at Laurier is well known for their work in fields like entrepreneurship, the health sciences, and environmental sustainability. Laurier is particularly renowned for its strong dedication to research. The university is a part of the U15 Group of Canadian Research Universities and is home to a variety of research institutes and centres.

In general, Laurier is a vibrant and forward-thinking institution committed to offering a top-notch education and making a meaningful contribution to society.

With campuses across Ontario, Wilfrid Laurie is a reasonably priced university that takes pride in being multicultural and international. According to the university, community is at the core of their organisation, and they go above and beyond to ensure that all of their students feel like they belong there.

For overseas students, MAs at Wilfrid Laurier start at around 7,000 CAD each year. 

8. Conestoga College

In Kitchener, Ontario, Canada, there is a public college called Conestoga College. Conestoga College, one of the biggest institutions in Canada, was founded in 1967 and is well-known for its robust programmes in business, technology, health sciences, community services, and the arts.

Numerous certificate, diploma, and degree programmes, as well as programmes for apprenticeship and continuing education, are available through Conestoga College. Students have the chance to obtain practical experience through co-op internships, industrial projects, and other experiential learning opportunities at the college, which is renowned for its emphasis on experiential learning.

Over 32,000 students attend Conestoga College, including an increasing number of international students. 

The institution offers a welcoming environment that welcomes everyone, as well as a variety of programmes and resources for students to assist their success.

Strong collaborations between Conestoga College and local businesses and nonprofits are another reason why employers prize the school's alumni. The college is a member of the Ontario Council on Articulation and Transfer and is home to a variety of research institutes and centres.

Conestoga College is an energetic and forward-thinking institution committed to delivering a top-notch education and making a meaningful contribution to society. 

You've come to the perfect location if getting a job as soon as you graduate college is your top priority. Because to Conestoga's strong employability record, 87% of all graduates secure employment within six months after graduation. An Ontario-based polytechnic college with a wide selection of Bachelor's and Master's programmes is Conestoga College.

For a Postgraduate Certificate, Conestoga charges overseas students between 7,000 and 15,000 Canadian dollars in tuition each year.

9. University of Calgary

In Calgary, Alberta, Canada, there is a public research institution called the University of Calgary. One of Canada's biggest universities, the University of Calgary was established in 1966 and is renowned for its robust programmes in the humanities, sciences, engineering, medicine, and business.

Numerous undergraduate, graduate, professional, and continuing education programmes are available at the University of Calgary. The university has a reputation for emphasising interdisciplinary research and study, and its academic members are well-known for their contributions to the fields of energy and the environment, health sciences, and innovation.

Over 35,000 students attend the University of Calgary, including an increasing number of international students.

With a variety of student programmes and activities to support students in their success, the institution offers a welcoming and inclusive atmosphere.

The Canadian Institute for Advanced Research and the Institute for Sustainable Energy, Environment, and Economy are just two of the research institutes and centres that call the University of Calgary home. The university is also well renowned for its dedication to research and innovation. A member of the U15 Group of Canadian Research Universities, the university.

Overall, the University of Calgary is a vibrant and forward-thinking institution committed to delivering a top-notch education and making a meaningful contribution to society.

Because of its accessibility to ski resorts and other outdoor activities, the University of Calgary should be your top choice if you enjoy skiing and more generally being in nature. The institution is located in the youngest Canadian city, in the province of Alberta. The institution provides co-op programmes (learn and work at the same time), a particularly outstanding employability rate (94% of alumni find a job after graduation), and cutting-edge research facilities. Calgary is also one of the sunniest and most diversified large towns in the nation.

The institution is the 10th best university in Canada and is placed 242 in the QS World University Ranking 2023. Calgary is a fantastic choice for international students because of its high rankings in the international metrics (80.6 for the international faculty ratio and 85.2 for the international research network).

At Calgary, master's degrees cost about 8,000 Canadian dollars a year.

10. Superior Technological School

Because the Superior Technological School is specialised on engineering, it is the place to go if you are passionate about engineering and want to pursue a career in this field. The institution, often known as ETS (Ecole de Technologie Supérieure), is a member of Universite du Quebec and has strong ties to business. It offers a variety of programmes that combine theoretical instruction with hands-on projects completed in cooperation with companies.

Master's degrees are available at Superior Technological School, with the lowest cost being 305 CAD per year and the bulk costing around 13,000 CAD per year.

Conclusion

Depending on the curriculum and school, a master's degree might cost anywhere from $5,000 to $20,000. A master's degree in Canada typically costs between CAD 15,000 and 30,000 in annual tuition. For international students, some colleges may charge higher tuition costs, particularly in Ontario and British Columbia.

It's crucial to remember that the expense of earning a Master's degree in Canada does not only include tuition. Housing costs, food costs, transit costs, and personal expenses can all add up.

We hope that now you have a good selection of cheap universities in Canada for international students to help you find a programme suitable for your financial possibilities, so if your dream is to study abroad in Canada, you have a good chance to achieve it.