How much does MBA cost at McMaster University?
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1 Answer
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For international students, the McMaster University MBA fees is CAD 113,500 (INR 70 L) per academic year. Note that the duration of this MBA course is 20 months - 2 years. It is expensive to study this course, however, the return on investment is quite impressive as the graduates secure top-notch placements. Given below are the details of the salary:
Particulars Return on Investment (ROI) Average Salary CAD 81,900 (INR 50 L) Average Signing Bonus CAD 9,900 (INR 6 L) the highest Salary CAD 128,800 (INR 79.3 L) the highest Signing Bonus CAD 50,900 (INR 31.3 L) the lowest Salary CAD 44,500 (INR 27.4 L) the lowest Signing Bonus CAD 1,500 (INR 92.3 K) Conversion Rate: 1 CAD = INR 61.60
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The University of Saskatchewan has an acceptance rate of 73%, suggesting the insititute is somewhat selective at granting admissions to its students. McMaster University acceptance rate stands at 59%. Thus it can be said that McMaster University is relatively tougher to secure admissions at than Saskatchewan.
Though it is worth noting that McMaster also ranks above University of Saskatchewan as part of the latest Shiksha Popularity Rankings, with a rank of #6, while UOS ranks #15.
McMaster University acceptance rate is around 59%, whereas, that of Wilfrid Laurier University is 89%. A comparison of these 3 universities for reference is given below:
Particulars | UNF | McMaster University | Wilfrid Laurier University |
|---|---|---|---|
No. of Courses offered | Around 5 | 280+ | 75+ |
Annual tuition fees | Between INR 12.08 L – INR 19.3 L | Between INR 2 L - 58 L | Between INR 9 L - 32 L |
Location | Niagara Falls, Ontario | Hamilton, Canada | Waterloo, Canada |
Shiksha Popularity Ranking | - | #6 | #30 |
Both Conestoga & McMaster are considered among the best institutions in the region. However, both these universities are selective to varying degrees at granting admissions to students. Therefore, interested candidates must perform really well in academics as well as university entrance exams to have the best possible chance of admission.
The Conestoga College acceptance rate stands at around 85%, while that of McMaster University is around 59%. It can be inferred that McMaster is relatively more selective than Conestoga College.
The University of Waterloo and McMaster University are some of the most esteemed universities in Canada. According to QS, the University of Waterloo ranks at #115 under the category of “World University Rankings 2025”. Whereas, McMaster University is also ranks at #176 under the “World University Rankings 2025”. Check the table listed below for QS rankings of both the universities over the past years:
University Name | QS World University Ranking 2023 | QS World University Ranking 2024 | QS World University Ranking 2025 |
|---|---|---|---|
University of Waterloo | #154 | #112 | #115 |
McMaster University | #152 | #189 | #176 |
According to the QS, the University of Waterloo is ranked at #115 and McMaster University ranks at #176 under the category of “QS World University Rankings 2025”. The comparative rankings of University of Waterloo and McMaster University are given as follows:
Year | University of Waterloo | McMaster University |
2021 | 166 | 144 |
2022 | 149 | 140 |
2023 | 154 | 152 |
2024 | 112 | 189 |
2025 | 115 | 176 |
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