Pursuing an MBA in Canada Versus the US
North America is the birthplace of the MBA degree, and perhaps this is one of the leading reasons why the state has been an integral player in this domain. With an increasing number of business schools mushrooming in ever state as well as prominent city, North American still rules the market.
Though there are several business schools coming up every year, but then only the leading US schools rule the market. The reputed business schools are noted for their established chains of alumni. The schools also get huge financial contributions from their alumni.
But then, given the recent economic turmoil, this approach has experienced a mild setback. As per recent researches, it is seen that MBA courses in the United States are a cut above than the MBA courses in Canada. In fact, about 80% of international students prefer United States to Canada when it comes to acquiring a MBA degree.
MBA Degree in the United States
The United States is home to some of the best universities in the world such as University of Phoenix, Harvard University, Stanford University, Columbia University, University of Southern California, among the others. Pursuing a MBA degree in the United States is a bit challenging for an international student because he or she may face problems with the visa. Getting a H1-B visa is indeed a challenging endeavor as there are only 20,000 H1-B visas that are allotted to students who complete their MBA / JD / PHD program and the fortunate ones are then chosen by means of a lottery system.
An additional 20,000 students are chosen after the lottery selection and they come under the advanced degree H1-B. Considering the total strength of international students in US business schools, we can say that H1B is barely a restraint for international students. Finally, if you get a MBA degree from the top 10 business schools in the US, then you run at a higher chance of getting a H1B degree.
MBA Degree in Canada
Canada too has several renowned universities such as University of British Columbia, University of Toronto, University of Alberta, McGill University, York University, University of Ottawa, etc. If you have studied for two years in Canada and have qualified for two years of work permit too, then chances are quite likely that you will get a permanent residential approval here.
The courses in Canada are comparatively lower in reputation when compared to the American degree. But then, they make bright prospects in the Canadian market. Hence, if you have plans to work in Canada after completing your course, then things may fall into place. In fact, you may also move to the United States with a NAFTA TN visa. This visa type is only granted to the citizens of Canada.
Before applying for a MBA degree program, talk to different schools in US and Canada; consult alumni of schools in Canada and US who were international students themselves. With the right research work, you will be able to make the perfect decision.
Summary
This blog takes you through the options of pursuing an MBA in the US versus the Canada to help you take the right pick for yourself.
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