About the university
International Business University (IBU) is a small private business university in downtown Toronto, with a second campus in Ottawa. It was set up in 2015 and received consent from Ontario's Minister of Colleges and Universities in December 2020, after review by PEQAB. It offers a Bachelor of Commerce (Honours), several MBA specialisations and, from 2026, an MSc in Applied Artificial Intelligence. All teaching is in English.
Indian students look at IBU for its MBA, which takes about 16 months with classes two days a week, and for its analytics, information systems and AI options. IBU says its MBA programmes are PGWP eligible. International tuition for 2026-2027 is about CAD 18,500 to 24,000 a year before bursaries. IBU is a private institution with a short track record, so check each programme's consent status and PGWP eligibility on IRCC's site before you pay a deposit.
- Founded
- 2015, by a group of academics and businesspeople; Ontario ministerial consent granted 4 December 2020
- Type
- Private, independent teaching-focused business university
- Students
- 2,400+ enrolled from 71 countries
- Campuses
- Two: Toronto (655 Bay Street) and Ottawa (979 Bank Street)
- Intakes
- September, January and May
- Graduation rate
- 91% (IBU figure)
- Language of teaching
- English
Rankings
Popular courses with Indian students
- Postgraduate
MSc in Applied Artificial Intelligence
- Fee / year
- C$18,500
- Duration
- Four semesters in IBU's fee table, ending with a capstone; in-person or hybrid options
- Intakes
- September; January; May
- English
- IELTS Academic 6.0 (no band below 6.0); TOEFL iBT 83 (no section below 20); PTE Academic 60; Duolingo 105; CAEL 70; CELPIP 7
- Postgraduate
MBA in Financial and Management Analytics
- Fee / year
- C$19,600
- Duration
- 16 months or more (four semesters in IBU's fee table); in person 2 days a week, Toronto or Ottawa
- Intakes
- September; January; May
- English
- IELTS Academic 6.0 (no band below 6.0); TOEFL iBT 83 (no section below 20); PTE Academic 60; Duolingo 105; CAEL 70; CELPIP 7
- Postgraduate
MBA in Digital Health and Data Analytics
- Fee / year
- C$24,000
- Duration
- 16 months or more (four semesters in IBU's fee table); in person 2 days a week, Toronto or Ottawa
- Intakes
- September; January; May
- English
- IELTS Academic 6.0 (no band below 6.0); TOEFL iBT 83 (no section below 20); PTE Academic 60; Duolingo 105; CAEL 70; CELPIP 7
- Postgraduate
MBA in Information Systems Management
- Fee / year
- C$19,600
- Duration
- 16 months or more (four semesters in IBU's fee table); in person 2 days a week, Toronto or Ottawa
- Intakes
- September; January; May
- English
- IELTS Academic 6.0 (no band below 6.0); TOEFL iBT 83 (no section below 20); PTE Academic 60; Duolingo 105; CAEL 70; CELPIP 7
- Postgraduate
MBA in Technology, Innovation and Entrepreneurship
- Fee / year
- C$19,600
- Duration
- 16 months or more (four semesters in IBU's fee table); in person 2 days a week, Toronto or Ottawa
- Intakes
- September; January; May
- English
- IELTS Academic 6.0 (no band below 6.0); TOEFL iBT 83 (no section below 20); PTE Academic 60; Duolingo 105; CAEL 70; CELPIP 7
- Postgraduate
MBA in Global Business Management
- Fee / year
- C$19,600
- Duration
- 16 months or more (four semesters in IBU's fee table); in person 2 days a week, Toronto or Ottawa
- Intakes
- September; January; May
- English
- IELTS Academic 6.0 (no band below 6.0); TOEFL iBT 83 (no section below 20); PTE Academic 60; Duolingo 105; CAEL 70; CELPIP 7
- Postgraduate
- Fee / year
- C$19,600
- Duration
- 16 months or more (four semesters in IBU's fee table); in person 2 days a week, Toronto or Ottawa
- Intakes
- September; January; May
- English
- IELTS Academic 6.0 (no band below 6.0); TOEFL iBT 83 (no section below 20); PTE Academic 60; Duolingo 105; CAEL 70; CELPIP 7
- Postgraduate
- Fee / year
- C$24,000
- Duration
- 16 months or more (four semesters in IBU's fee table); in person 2 days a week, Toronto or Ottawa
- Intakes
- September; January; May
- English
- IELTS Academic 6.0 (no band below 6.0); TOEFL iBT 83 (no section below 20); PTE Academic 60; Duolingo 105; CAEL 70; CELPIP 7
Fees for international students
| Course | Duration | Fee / year (CAD) | Approx. in rupees |
|---|---|---|---|
| MSc in Applied Artificial Intelligence | Four semesters in IBU's fee table, ending with a capstone; in-person or hybrid options | C$18,500 | ≈ ₹12.4 lakh |
| MBA in Financial and Management Analytics | 16 months or more (four semesters in IBU's fee table); in person 2 days a week, Toronto or Ottawa | C$19,600 | ≈ ₹13.1 lakh |
| MBA in Digital Health and Data Analytics | 16 months or more (four semesters in IBU's fee table); in person 2 days a week, Toronto or Ottawa | C$24,000 | ≈ ₹16.1 lakh |
| MBA in Information Systems Management | 16 months or more (four semesters in IBU's fee table); in person 2 days a week, Toronto or Ottawa | C$19,600 | ≈ ₹13.1 lakh |
| MBA in Technology, Innovation and Entrepreneurship | 16 months or more (four semesters in IBU's fee table); in person 2 days a week, Toronto or Ottawa | C$19,600 | ≈ ₹13.1 lakh |
| MBA in Global Business Management | 16 months or more (four semesters in IBU's fee table); in person 2 days a week, Toronto or Ottawa | C$19,600 | ≈ ₹13.1 lakh |
| General Stream MBA | 16 months or more (four semesters in IBU's fee table); in person 2 days a week, Toronto or Ottawa | C$19,600 | ≈ ₹13.1 lakh |
| MBA in Healthcare Management | 16 months or more (four semesters in IBU's fee table); in person 2 days a week, Toronto or Ottawa | C$24,000 | ≈ ₹16.1 lakh |
Fees are for international students for the entry year shown on each course page and can rise each year. Approximate exchange rates (based on ECB reference rates, March 2026). Actual rates on your payment date will differ.
Want a course shortlist with fees?Our counsellor will compare courses at International Business University with similar universities in Canada.
Scholarships
- UG
BCOM Global International Scholarship
Value: CAD 2,250 per semester (CAD 4,500 a year, CAD 18,000 in total)
Eligibility: International BCOM students; IBU's page says its international bursaries run to the end of 2026, so confirm what applies for 2027 entry
Official page (opens in a new tab) - PG
MBA Head Start Bursary
Value: CAD 1,250 per semester (CAD 5,000 in total)
Eligibility: International MBA applicants of the citizenships listed on IBU's fee page; granted at admission. Check whether Indian citizens are on the current list
Official page (opens in a new tab)
Admission requirements
Undergraduate
- An Ontario Secondary School Diploma or equivalent; Indian Class 12 is assessed for equivalence.
- A minimum average of 70% across six Grade 12 university-level courses, including English and Mathematics.
- Applicants educated outside Canada may need to send extra documents to confirm equivalence and English level.
Postgraduate
- An undergraduate degree from a recognised institution with at least a B+ average or equivalent. IBU does not say how it treats three-year Indian degrees, so ask before applying.
- MBA: a résumé showing at least two years of work experience. Applicants without a business degree may need to take Quantitative Methods for Business and Introduction to Business first.
- A credential evaluation by an IBU-approved service such as WES or ICAS may be needed for foreign transcripts.
Documents
- Online application form
- Official transcripts from all secondary and post-secondary institutions
- English test result sent directly by the test provider, within two years of your start date
- Letter of intent and résumé (MBA)
- WES or ICAS evaluation if asked
- Passport
Check if you are eligibleShare your marks and test scores and our counsellor will tell you which courses you can apply for.
English language requirements
| Test or route | Typical requirement |
|---|---|
| IELTS Academic | 6.0 overall, no band below 6.0 (General Training not accepted) |
| PTE Academic | 60 |
| TOEFL iBT | 83, no section below 20 (Home Edition and MyBest scores not accepted) |
| Duolingo English Test | 105 |
| Other tests | CAEL 70, CELPIP 7, Cambridge C1/C2 175, CLB 7 also accepted |
Accommodation and living costs
IBU has no residence of its own. It points students to partner and private options in Toronto: two 4STAY apartments at Parker Residence reserved for IBU students, The Dream House shared rooms, Harrington Housing co-living, Canada Homestay Network (minimum one month) and Places4Students listings. No prices are published on IBU's page; IBU advises arriving with access to about CAD 500 to 1,000 for first expenses.
| Item | In CAD | Approx. in rupees |
|---|
Campus and location
IBU teaches in office-building campuses in downtown Toronto (655 Bay Street) and Ottawa (979 Bank Street).
- MBA classes run two days a week in person, so students can work alongside study within visa limits.
- Three start dates a year: September, January and May.
- QAA International Quality Accreditation from the UK's Quality Assurance Agency, and membership of the AACSB Business Education Alliance (membership, not accreditation).
- BCOM final year includes internships and capstone projects.
Careers and graduate outcomes
IBU's programmes are aimed at business, analytics and technology management roles. IBU states that its MBA programmes are PGWP eligible; for work rights during and after study, see our Canada guide and check IRCC's list.
| What | Figure | Source |
|---|---|---|
| Graduation rate | 91% | IBU home page |
Studying in Canada
Visa rules, work rights and living costs apply to every university in Canada. Our country guide covers them in detail:
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FAQs
How much does an MBA at IBU cost for Indian students?
For 2026-2027, international MBA tuition is CAD 9,800 per semester (CAD 39,200 in total) before bursaries, or CAD 12,000 per semester for the Digital Health and Data Analytics and Healthcare Management MBAs. Fees of CAD 415 per semester and GuardMe insurance (CAD 765 a year) are extra.
What IELTS score does IBU need?
IELTS Academic 6.0 with no band below 6.0 for all programmes. PTE 60, TOEFL iBT 83 and Duolingo 105 are also accepted.
When can I start at IBU?
IBU has three intakes: September, January and May.
Is IBU a recognised university?
IBU has consent from Ontario's Minister of Colleges and Universities to grant its degrees. It is a young private university, so check its current consent and PGWP status before you commit.
Sources
- IBU: MBA tuition and fees (campus) (opens in a new tab)
- IBU: MBA in DHDA & HCM tuition fees (opens in a new tab)
- IBU: MSc in Applied AI tuition fees (opens in a new tab)
- IBU: Undergraduate tuition fees (opens in a new tab)
- IBU: English proficiency (opens in a new tab)
- IBU: Graduate admissions (opens in a new tab)
- IBU: Undergraduate admissions (opens in a new tab)
- IBU: International students (opens in a new tab)
- IBU: MBA programmes (opens in a new tab)
- IBU: About IBU (opens in a new tab)
Official website: ibu.ca (opens in a new tab)
Check the latest details