6 Best Business Schools in Toronto &Their Key Facts

Toronto is the capital city of the Canadian province of Ontario. It is known for its towering buildings, bustling streets and famous waterfront skyline.

It is also famous for its ethnic and cultural diversity, its world-famous professional sports teams, and its competitive universities. It is the largest city in both Ontario and Canada.

The city of Toronto has so many things going but for this article, we will be discussing the best business schools in Toronto. There are a number of factors that go into choosing the best school for your future success.

This section will outline some of the most important factors to consider when making this decision.

If you are looking for a career in business, it is important to choose the right school. There are many different schools in Toronto, and it can be difficult to know which one is best for you.

The first thing you should do is think about what kind of career you want to pursue and what skills that school has that would be most helpful in achieving your goals.

For example, if you want to go into marketing or finance, then it would be beneficial to go to a school with strong programs in those areas.

If you want to pursue entrepreneurship or management, then it would be helpful if the business schools offered courses

The List of Business Schools in Toronto

There are many different types of business schools in the world. They offer a wide variety of programs and courses to help students succeed in the world of business.

These schools vary in their levels of prestige, cost, and program offerings. However, we will tell you about the best ones in Toronto.

The top 10 Toronto business schools are; 

Toronto Metropolitan University

TMU, previously called Ryerson University is Canada’s leader in innovative, career-focused education and a university clearly on the move.

It is a distinctly urban university with a focus on innovation and entrepreneurship. Toronto Metropolitan University has a mission to serve societal needs and a long-standing commitment to engaging its community.

Toronto Metropolitan University is the most applied-to university in Ontario in terms of available spaces, and its reputation among business and community leaders is growing.

It is guided by a bold Academic Plan, an ambitious research agenda, and a Master Plan to revitalize the campus and surrounding neighborhood.

More than 100 undergraduate and graduate programs are available at Toronto Metropolitan University.

The university is culturally diverse and inclusive, with 38,950 students, including 2,300 master’s and PhD students, nearly 2,700 faculty and staff, and more than 140,000 alumni worldwide.

Toronto Metropolitan University’s research is on a roll: externally funded research has more than doubled in the last four years.

Toronto Metropolitan University has two business courses; business management and business technology management. Both courses however have BComm degrees.

Business management students have a common first year of business studies and choose from a wide selection of specialized majors at the end of the first year.

There are two types of formats available for business management students which are; 

Full Time: Four Year; Direct Entry to Third Year; Five-Year Co-op

Part-Time: First-Year Entry; Direct Entry to Third Year. 

The grade range needed to get a degree in business management is 80-87%.

Imagine having to combine your love for technology and business management. Exciting, right?

That is exactly what the Business technology management course at the Toronto Metropolitan University offers. The grade range and formats available are the same as that of the Business management program. 

Have you always dreamt of going to the Toronto Metropolitan University? Well, you’ve just gotten the right information to bring that dream to life. 

York University

York University York is committed to giving a broad demographic of students access to a high-quality, research-intensive learning environment committed to the public good. Bachelor’s degrees are offered in the following programs:

  • Science

  • Business

  • Law

  • Engineering

  • Health

  • Environmental Studies

  • Liberal Arts & Professional Studies

  • Education

  • Arts, Media, Performance, and Design

York University is a leading international teaching and research university and a catalyst for positive change.

They are preparing their students for long-term careers and personal success by leveraging a welcoming and diverse community with a uniquely global perspective.

York University has one of the largest and most diverse student bodies in Canada, with 59,000 students from 178 countries, 325,000+ alumni, and leading professors working on pressing issues with 300+ university, industry, and NGO partners.

York University has been named a global leader in the new Times Higher Education Impact Rankings for two years in a row and is ranked first in global joint research publications in Ontario.

Through their leading programs and 8,500 diverse experiential education opportunities, including internships, community placements, co-ops and capstone projects, they are preparing their students for meaningful careers, long-term success and the critical knowledge to work toward a  better future.

Across their multiple campuses locally, including the Keele and bilingual Glendon campuses in Toronto, and globally in Hyderabad, India, and Costa Rica, they continue to innovate.

This brings success to their students in their top-ranked Schulich School of Business and Osgoode Hall Law School, as well as in the liberal arts, creative and performing arts, professional studies, health, engineering, education and sciences.

They value collaboration, diversity, and inclusivity. 

The University of Toronto-Mississauga

The University of Toronto is one of the world’s great public research universities, with talented students having access to some of the world’s best scholars and researchers at an affordable price.

No other university in Canada, and only a few in North America, can compete with the breadth and reputation of U of T’s programs.

The University of Toronto Mississauga is a vibrant and active undergraduate and the graduate campus that provides the benefits of a University of Toronto education in a picturesque park-like setting.

The outstanding facilities at U of T Mississauga include a spectacular library and academic learning center, as well as a recreation, athletics, and wellness complex, all set within 225 acres of protected green space.

The campus is home to 15,512 full- and part-time University of Toronto students. It also offers degrees in arts, science, commerce and management.

U of T Mississauga offers more than 180 program options in 90+ areas of study, including humanities, social sciences, sciences and business.

The interdisciplinary focus of many programs allows you to pursue degrees in more than 1 subject area.

For example, studies in business and communication are brought together in Digital Enterprise Management; life science, ethics and social issues are brought together in Biotechnology.

Courses are taught by world-renowned scholars and researchers who are committed to excellent undergraduate teaching.

The University of Toronto-Scarborough

Founded in 1827, the University of Toronto is Canada’s largest university, recognized as a global leader in research and teaching.

An anchor institution in the eastern GTA, U of T Scarborough combines the intimacy of a close-knit campus, the breadth of the liberal arts and experimental learning opportunities.

When you choose U of T Scarborough, you join a vibrant organization proud to be one of the world’s top research-intensive universities, driven to invent and innovate and community building.

Situated in one of Toronto’s most diverse and multicultural neighborhoods, U of T Scarborough is invested and heavily involved in the communities it serves and in making the region a better place to live, work, and prosper.

From the Let’s Talk Science community outreach program to helping hire and train employees as part of the Hammerheads Program, and ongoing work with youth from neighborhood improvement areas, you will be joining an organization that prioritizes community engagement.

McMaster University

Founded in 1887, McMaster University is one of the oldest and most popular universities in Canada.

This university is the home of over 70 research centers and institutions. In 2018, the university receives the ‘Global Teaching Excellence Award’ from the Higher Education Academy because of its experiential learning and global engagement.

This university officially opens its Museum of Arts in 1994 having five exhibition galleries and a paper center.

It is the home of over 1,000 full-time faculty members and employs over 11,000 people. McMaster has been named as the most research-intensive university by Research Info source in the year 2019.

McMaster is consistently ranked among the top universities in Canada as well as in the world by QS (Top universities) and THE (Times Higher Education).

According to QS World University Rankings 2023, the McMaster University Ranking is 152 in the world and 6 in Canada.

It is one of few Canadian universities to rank among the top 200 in the world by global ranking organizations.

The University of McMaster has four regional campuses in different locations i.e. Downtown Hamilton, Burlington, Kitchener-Waterloo, and Niagara.

The main campus of McMaster University is located in Hamilton, Canada. This campus is spread over 300 acres in an area between Toronto and Niagara Falls.

If we talk about the McMaster University Courses then the students get 10 popular courses in multiple streams and specialization in PG and UG programs. B.Tech. is one of the preferred courses among foreign students to study in Canada.

If we discuss McMaster University Admission then the university has an acceptance rate of 58%.

As compared to other top universities in the world, this university has a decent acceptance rate for international aspirants.

The total student population at McMaster is over 36,000 and it welcomes them from over 120 countries. 

It is the home of over 31,000 undergraduates and almost 5,000 graduate students. 15.75% of the total students at McMaster are from 120 foreign countries.

The percentage of undergraduate students registering at the university increased from 13.5% in 2000 to 57% in 2020/2021. Both On and Off-campus housing facilities are available for university students.

International students get McMaster Scholarships on a merit basis in terms of financial aid.

These scholarships are available in different types i.e. entrance scholarships, In-course awards, specialty scholarships, external scholarships, and more.

There are also;

Wilfrid Laurier University, Western University-London Campus, and Humber College Institute of Technology & Advanced Learning.

All the above-listed universities are very competitive when it comes to getting into the university with a GPA that is above 3.0 or higher on most scales and an average SAT score that is above 1100 or higher on most scales.

What Makes a Top-Picked Business School?

In order to be considered a top-picked school, it is important to have strong programs and facilities. These schools must also have a good reputation and a good location.

Toronto is the most populous city in Canada and has many top-rated universities.

The University of Toronto, for example, has over 100 different programs that are offered at the undergraduate level. They also offer some of the best graduate programs in North America, including MBA programs and law degrees. 

These factors and a host of others contribute to the ranking of the universities. 

How Much Does it Cost to Attend a Top Ranked Business school in Toronto?

The cost of attendance for a top-ranked business school in Toronto may vary depending on the degree program and the university.

For example, it is over $50,000 per year to attend the University of Toronto’s undergraduate business program.

This includes tuition fees and other mandatory fees like student activity fees, health services fees, technology fees, etc.

Some other universities could charge higher or lesser which gives you the freedom to make a pick.


The city of Toronto is one of the most exciting and beautiful cities in the world and the Universities listed above are the top ten best in the city for business.

People have preferences which mean that while you prefer a busy area, some other person might prefer a less busy area. Do you have suggestions about these business schools in Toronto? Please comment below.

That said, we wish you the best of luck in your choice of any of the business schools in Toronto. Go get that degree, champ!

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