Tuition and Scholarships


Invest in Your Future

Earning a Master of Business Administration (MBA) is a significant investment in your career but the return on that investment is undeniable. According to a recent report, the average salary for MBA graduates is just over $80,000.

The need for creative, capable and visionary professionals is always in demand, that’s why 95% of Lazaridis MBA grads are gainfully employed full-time within 12 months after graduation and another 1% go on to further studies.

Tuition Fees

Here's how the cost of the Lazaridis MBA breaks down:

MBA Format

Tuition

Length
of Study

Ancillary Fees

Estimated Total Tuition Cost

Full-Time (domestic applicant)

$9,935.79 / term

12 months / 3 academic terms

Incidental Fees

$29,807.37*

Full-Time
(international applicant)

$16,579.63 / term

12 months / 3 academic terms

Incidental Fees

$49,738.89*

Part-Time

$1,490.72 / 0.5 credit

3.3 years / 10 academic terms

Incidental Fees

$29,814.40*

Part-Time Accelerated

$2,981.44 / term

2 years / 6 academic terms

Approx. $100 / term in GSA fees

$17,888.64*

Co-op Fee

The co-op fee is $2,337.45.

*Notes

  • This tables shows the 2021/22 tuition rates by entering year of the student, effective May 2021, and are an approximate total cost only. For the most current fee schedule, visit the Tuition and Fees page.
  • Program fees are subject to change in the future.
  • These schedules are for information and reference purposes only. Students will be responsible for all fees assessed on their statement of billings.
  • All fees are per term unless otherwise noted.
  • Graduate students can apply to the graduate student tuition payment plan each term.

Master's and doctoral students will be charged full- or part-time tuition based on their status at the time of admission. Students who successfully petition to change their registration status may have their tuition fees adjusted as a result. Incidental fees will be charged according to a student's registration status in a particular term.

Awards and Scholarships

The Lazaridis Master of Business Administration (MBA) offers program-specific financial aid, alongside institution wide financial support, to ensure that you are in the best position to succeed. Note that select program-specific awards and scholarships are available to MBA students based on their program cohort. For additional information, visit Awards and Scholarships.

To discuss your eligibility for any of these awards, or your application to any of the Lazaridis MBA program formats, request a personal one-on-one pre-assessment with one of our recruiters.

Canadian Hardware and Home Improvement Show MBA Scholarship: $2,000

Program cohort:

  • part-time / full-time

Eligibility:

  • entering MBA student
  • 9.0 GPA
  • Canadian citizen or permanent resident
  • proven financial need
Robert Breadner Entrepreneurial Fund: $2,000
Program cohort:
  • part-time / full-time

Eligibility:

  • entering MBA student
  • 9.0 GPA
  • Canadian citizen or permanent resident
  • proven financial need
Entrance Scholarships: $500 – $3,000

Program cohort:

  • full-time

Eligibility:

  • entering full-time student
  • minimum admission GPA of 10.0
  • amount given is determined by GMAT and/or experience
  • no application necessary
Gerdau Ameristeel Technology Award: $1,900
Program cohort:
  • full-time

Eligibility:

  • entering full-time student
  • high academic achievement
  • aptitude for high technology engineering
  • Canadian citizen
  • long-term resident of Ontario
  • proven financial need
Howard Teall Award for Student Excellence: $3,000
Program cohort:
  • full-time

Eligibility:

  • entering full-time student
  • minimum admission GPA of 10.0
  • interest in management accounting through previous work experience, academic courses or career goals
  • Canadian citizen or permanent resident
  • long-term resident of Ontario
  • proven financial need
Lazaridis MBA Technology Scholarships: $1,000 – $20,000
Program cohort:
  • part-time / full-time

Eligibility:

  • Must be working in a technology-based organization or role, or have an educational background in STEM.
  • High GPA from your previous degree.
  • Scholarships will be awarded by committee for:
    • Academic Excellence
    • Young-career Professional Award
    • Mid-career Professional Award
    • Entrepreneur Award
  • $200,000 in MBA Technology Scholarships awarded annually through 67 scholarship opportunities.
McNeil Consumer Products Scholarship: $1,500
Program cohort:
  • full-time

Eligibility:

  • entering full-time student
Nissan Canada Award: $3,000
Program cohort:
  • full-time

Eligibility:

  • entering full-time student
  • minimum cumulative admission average of B+ (9.0)
  • demonstrate leadership qualities and involvement in extracurricular activities
  • Canadian citizen
  • long-term resident of Ontario
  • proven financial need
Pfizer MBA Award: $1,000
Program cohort:
  • full-time

Eligibility:

  • entering full-time student
  • intends to specialize in marketing
  • high academic achievement
  • demonstrated extracurricular activity and leadership
Ross and Doris Dixon MBA Scholarship: $3,500
Program cohort:
  • full-time

Eligibility:

  • entering full-time student
  • high undergraduate admission GPA
  • high GMAT
  • excellent evaluations on work term reports (co-op undergrad)
  • practical work experience
Walter and Jean Hachborn Award of Distinction: $5,000
Program cohort:
  • full-time

Eligibility:

  • entering full-time student
  • proven interest in retail/marketing
  • must submit two letters of reference
  • must submit 1,000 word essay on the importance of community to an entrepreneur

International Students

Many organizations are available for international student loans, scholarships and fellowships for students of various countries to study in Canada.

Here are some resources to get you started: