Best universities for business degrees in Canada 2022

Find the best universities in Canada for business degrees using Times Higher Education’s World University Rankings data

October 21 2021
best universities for business degrees in Canada, study in Canada


Canada has a growing reputation as an attractive destination for higher education studies, offering students an enriching academic life with diverse and entertaining leisure activities. 

Toronto, Montreal, Vancouver, Ottawa and Quebec each have a large international student population and a vibrant and lively atmosphere.  

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For undergraduate students looking to study business, most universities offer an undergraduate programme in commerce. This will provide the fundamentals of everything you need to pursue a career or further education in the field of business and management. If non-management students are looking to incorporate business or management into their degree, they can choose minors in the subject they are most interested in.  

These are the best universities for business in Canada according to the Times Higher Education World University Rankings 2022.  

1. University of Toronto 

The University of Toronto is home to the Rotman School of Management, which offers MBAs, master's programmes and a PhD programme. There is also an undergraduate degree called Rotman Commerce. All students who graduate from Rotman Commerce do so with a specialist in management, finance and economics, or accounting. 

Rotman Commerce also offers students many ways to prepare for a career through employer information sessions, one-on-one career coaching, career workshops, career exploration, site visits and career treks and technical skills training.  

Students can access a strong alumni network. The Alumni Mentorship Programme pairs more than 200 alumni mentors with students every year. Alumni are also available for career exploration discussions and for networking and advice opportunities.  

The Rotman School of Management offers professional development courses for those looking to move into the next stage in their career.  

2. University of British Columbia 

The University of British Columbia (UBC) offers about 500 bachelor and master’s degrees in subjects such as business and technology management, IT and applied technology, and liberal arts and sciences.  

The university has launched more than 1,300 research projects alongside businesses and fostered the creation of close to 200 new companies. 

The Sauder School of Business is where students can expect to study for a degree in business and commerce.  

Undergraduate students can choose the BSc in commerce. Each student will study from the core curriculum, which includes modules in microeconomics, marketing, finance and accounting. Students can then specialise in areas such as entrepreneurship, real estate, finance and operations and logistics.  

The programme encourages students to take part in extracurricular activities such as student clubs (including the Commerce Undergraduate Society), internships and mentorships.  

UBC alumni have won Nobel Prizes and more than 60 Rhodes scholarships and more than 200 have become fellows of the Royal Society of Canada. 

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3. McGill University 

McGill University is the oldest university in Montreal and one of just three English-language universities in Quebec.  

Its business school, the Desautels Faculty of Management was founded in 1906. Desautels houses research centres and academic programmes at the undergraduate, masters, executive, and PhD levels.  

Students at Desautels come from over 75 countries with over 30,000 alumni around the world.  

Undergraduate students can study a bachelor of commerce or non-management students can choose from minors to incorporate business courses into their degree.  

Students are also able to undertake an international exchange as part of their course.  

Postgraduate students and professionals can choose from master’s course or doctoral programmes.   

4. University of Montreal 

With its affiliated schools, Polytechnique Montreal (engineering), and HEC Montreal (business), the University of Montreal is one of the largest university complexes in North America. The 13 faculties and affiliated schools account for over 66,500 students and 2,400 professors and researchers. 

HEC Montreal was established by the Board of Trade of Metropolitan Montreal and was the first business and management school in Canada. 

It offers bachelor and master’s degree programmes in business and management. The bachelor of business administration (BBA) programme is taught in three formats: French only, bilingual (French and English) and trilingual (French, English, and Spanish).  

The school also provides short graduate courses in human resources, supply-chain management, user experience, business analytics and more. 

5. University of Alberta 

The Alberta School of Business, located in Enterprise Square in downtown Edmonton, houses four award-winning teaching and research departments: accounting and business analytics; finance; marketing, business economics and law; and strategy, entrepreneurship and management. 

Within each of these departments, students can study subjects such as family business, energy economics, retailing, real estate and international business.  

Student clubs on offer include the Accounting Club, Business Exchange Association, Women in Business and the MBA Association among others.  

The university’s more than 260,000 alumni have, between them, founded over 70,000 organisations throughout the world, one-third of which have a cultural, environmental or social mission or are non-profit. 

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Top universities for business degrees in Canada 2022

Click each institution to view its World University Rankings 2022 profile 

Canada Business Rank 2022 WUR Business Rank 2022 University City
1 28 University of Toronto Toronto
2 35 University of British Columbia Vancouver
3 64 McGill University Montreal
4 76 University of Montreal Montreal
5 101–125 University of Alberta Edmonton
6 126–150 Western University London
7 151–175 York University Toronto
8 176–200 Simon Fraser University Burnaby
=9 201–250 McMaster University Hamilton
=9 201–250 University of Waterloo Waterloo
=11 301–400 University of Calgary Calgary
=11 301–400 University of Ottawa Ottawa
=11 301–400 Queen’s University Kingston
=11 301–400 University of Victoria Victoria
=11 301–400 Concordia University Montreal
=16 401–500 Dalhousie University Halifax
=16 401–500 University of Guelph Guelph
=16 401–500 Université Laval Quebec City
=16 401–500 University of Manitoba Winnipeg
=16 401–500 University of New Brunswick UNB Fredricton
=16 401–500 University of Regina Regina
=16 401–500 University of Windsor Windsor
=23 501–600 Carleton University Ottawa
=23 501–600 Memorial University of Newfoundland St John's
=23 501–600 Ryerson University Toronto
=23 501–600 University of Saskatchewan Saskatoon
27 601+ Université du Québec Quebec City



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