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The Best Universities for Business & Management in Canada (2023)

Written by Vincent Hedman

Why Study Business & Management in Canada

There are many reasons why someone might want to study Business & Management at a university in Canada. Here are just a few:

  • Canadian Business & Management programmes often incorporate global perspectives into their curriculum, meaning you'll have an opportunity to assess businesses from an international viewpoint. This is incredibly valuable in today's global market.
  • Upon graduation from a Masters in Business and Management programme in Canada, students generally find ample job opportunities within the country’s thriving business sector due to its robust economy.
  • The large number of multinational corporations located across cities like Toronto and Vancouver gives ample opportunities for networking while studying or during internships.
  • Canadian institutions are renowned for their high academic standards and rigorous quality controls, ensuring a degree that holds significant value worldwide. Studying a Business and Management Masters Degree in Canada offers comprehensive coursework designed to enhance managerial skills.

The Best Universities for Business & Management in Canada

The following tables gives the 10 top universities in Canada for Business & Management, according to global and local university rankings. It can show you which Canadian universities are amongst the best in the world - and help you compare institutions on an international level.

This information is based on the latest rankings tables, researched and published by Times Higher Education, QS and Academic Ranking of World Universities (ARWU).

Each ranking system uses its own methodology, with different factors having more or less influence on a university's result.

Read our guide to know more about how you as an postgrad student can use these rankings to your advantage.


Top 10 Universities in Canada for Business & Management (Times Higher Education)
University Canada Rank Global Rank
University of Toronto 1 =25
University of British Columbia 2 38
McGill University 3 =73
University of Montreal 4 =77
University of Alberta 5 101-125
Western University 6 101-125
York University (Canada) 7 176-200
University of Waterloo 8 201-250
University of Calgary 9 251-300
Simon Fraser University 10 251-300
This information is based on the latest rankings tables, researched and published by Times Higher Education. Visit their website for more information.

What should I know about the Times Higher Education rankings?

The Times Higher Education rankings are strong in academic focus and diverse teaching metrics, but do not include employer-specific metrics. Additionally, the rankings may not include all specialist institutions.


Top 10 Universities in Canada for Business & Management (QS)
University Canada Rank Global Rank
University of Toronto 1 =28
University of British Columbia 2 =39
McGill University 3 51
Western University 4 66
University of Montreal 5 73
University of Alberta 6 =128
Queen's University at Kingston 7 =137
York University (Canada) 8 =139
Simon Fraser University 9 201-250
University of Calgary 10 201-250
This information is based on the latest rankings tables, researched and published by QS World University Rankings. Visit their website for more information.

What should I know about the QS rankings?

The QS World University Rankings are designed to meet the needs of prospective students, with more weight given to student-centric metrics such as staff/student ratio, international recruitment and employer opinion. The rankings are balanced between qualitative and quantitative data, but give less weight to research than some other rankings.


Top 10 Universities in Canada for Business & Management (ARWU)
University Canada Rank Global Rank
University of Alberta 1 30
University of British Columbia 2 33
University of Toronto 3 43
Western University 4 51-75
York University (Canada) 5 51-75
University of Montreal 6 151-200
Concordia University 7 101-150
Simon Fraser University 8 101-150
McGill University 9 151-200
McMaster University 10 151-200
This information is based on the latest rankings tables, researched and published by Academic Ranking of World Universities. Visit their website for more information.

What should I know about the ARWU rankings?

The ARWU rankings reflect the presence of elite academics and the future academic success of graduates. However, they do not directly assess the quality of education at a university or take into account other aspects of university performance.


Last updated: 18 September 2023