In most business schools you will be eligible to apply for their flagship MBA programs for at least 2-5 years. If you’re either in a professional school or graduate school, it might seem like a roadblock for you to reach these criteria and then apply for an MBA without work experience in Canada.
However, there are a few early MBAs that can help you to conquer the roadblock called deferred MBA programs. You may apply to some of the leading business schools without working experience through these programs. In theory, during the final year of your degree or graduate studies i.e. MBA in Canada, you may apply.
This article tells about all the new MBA programs for you to study in Canada, and if you want a list of some of the best MBA programs that offer later admissions, you can go for one of these programs.
What is the Deferred MBA Program i.e. MBA without work experience?
Many MBA programs require a certain amount of work experience. Some colleges, however, have a staggered entry process for their MBA in Canada programs. A delayed MBA program, until the requisite work experience is accrued, offers applicants the opportunity to obtain a position in a future class of MBA. The early MBA programs are somewhat close to the general MBA program. The only differences are that early-career MBA programs allow qualifying applicants to be enrolled early, and will use the period before the start of the program to obtain 2-5 years of work experience.
Benefits of MBA in Canada without work experience
Delayed MBA programs give you the freedom to start your career early. In our view, the following situation will:
Let’s say that your undergraduate school has just gone and that you want a start-up to work on your business dream. It is now time to apply for an MBA application that is delayed. What is the reason? If your startup flowers into a full-scale enterprise, it’s great. You have to apply for a later MBA and follow your start-up company. The b-school bid can be rejected and your business can still be working on. However, you can enter an MBA program if the start-up fails to function as planned within a few years.
Who can apply for the MBA in Canada without work experience?
The fundamental criterion for a later MBA program is that you must be or have recently completed your final year of study. Business schools essentially authorize applicants for the program early on in their careers with little to no full-time job experiences. In addition, the admission competition is comparatively higher via the postponement admission process. The consistency of the candidates and the small number of selected candidates via this route is partly responsible.
So only if you’re confident that an MBA program is a definite path to your career goals can you apply for a degraded admission program?
The Top List MBA Programs to study in Canada
- Stanford GSB Deferred Admission
For students with no full- time working experience, the Stanford GSB delayed MBA program is intended.
Stanford GSB encourages students who believe like they need a certain degree of job experience before they are joining the MBA program to apply for deferred entry. For example, only those who had experience in certain areas before their MBA are hired by certain industries, such as private equity. A postponed MBA program will in these situations help students meet the requirements for their goals.
To be eligible for Stanford GSB deferred admission you must meet the following requirements:
- You are a graduate student of every bachelors or degree program.
- You are a member of every degree program you entered only after your degree.
- Chicago Booth Scholars Program
The Chicago Booth Program is designed for graduate students in the final year. You will request a full-time MBA from Chicago Booth in the final year of your graduate degree and then work for a duration of two to four years after graduation.
Chicago Booth Student Eligibility
The Chicago Booth Scholars program is only available for students in the latter year of their degree.
Application Deadline for the MBA Without Work Experience in Canada in 2021
The deadline is April 1, 2021, for submissions to the Chicago Booth Scholarship Program. An interview will take place in early May 2021 if your application is chosen. On 3 June 2021, you will be informed of the decision relating to your admission.
- HBS 2+2 Program
The HBS 2 + 2 program is a deferred MBA program that allows students to obtain a place in potential HBS MBA classes in full-time undergraduate or master’s courses. Since completing the services they have completed, two to four years before they enter the HBS-MBA-Program they operate in a public, private, or non-profit sector. HBS invites STEM students and researchers to apply for HBS 2 + 2. All other disciplines are nevertheless welcome to apply for postponed MBA entry through HBS 2 + 2.
Applications for HBS 2 + 2 class from 2024 (starting in fall 2022) are now open to students with a final year of graduation. However, between 1 October 2019 and 30 September 2020 you can apply if you are a graduate of your current program.
In order to apply for delayed MBA entry by HBS 2 + 2, you must also meet the following criteria:
- You need to be an established student in any Bachelor’s program
- Or in every combined bachelor/graduate program you need to be a student
- Your job experience is complete (interesting and co-operative tasks are not counted)
- Wharton School of University Pennsylvania
The Wharton School of Pennsylvania University launched the Wharton deferred MBA program in 2017. With $10 million from one alum of Wharton, Ken Moelis, it was created. Wharton has recently expanded this chance to students beyond Pennsylvania University. The new route for Wharton MBA candidates has now been opened. Through the Wharton MBA Advance Access program, after graduation, students can obtain two or four years of professional experience in their desired area.
- Darten Future Year Scholars Program
If you are in the final year of your graduate or master’s degree, you can apply for a future Year Scholarship Program at Darden. You must therefore study between September 2020 and August 2021 if you qualify for the incoming class in 2021.
You don’t have to study as a graduate student in the business sector. You must however have a thorough insight into the topic on which you want to work. You can spend at least two years working in the domain if you are chosen to do the program.
- MIT Sloan MBA Early Admission
Recently, MIT Sloan unveiled a delayed acceptance process for college students who want to obtain a place in their potential MBA program. If you want early admission via MIT Sloan MBA, prospective students will have the ability to work two to five years after their graduation. After the requisite work experience has been obtained, the participants will participate in the MIT Sloan MBA program.
MIT Sloan finds you eligible for deferred MBA entry if:
- During the present academic year, you have completed or are going to graduate
- You have just entered a graduate program or you are a graduate-only after completing your degree
- Do not have a work history in full time
- Columbia Business School
The Columbia Business School Deferred Enrolment program accepts young career skiers who have certainty about their career options similar to other MBA programs that offer deferred entry. In your final year at graduate school or college, you will apply for a postponement of the CBS enrolment program. You will work 2-5 years if you have been chosen, then the MBA program begins.
So, to know about the scholarships to study in Canada, visit all the official sites of the Universities for you to study in Canada.