HEC Montreal is the 2nd best business school affiliated with the University of Montreal in Canada. The school shares 117 years of experience, being the first ever Management Schools in Canada. You can select from 150 programs at HEC Montreal ranging from Bachelor’s, Master’s and PhD. HEC Montreal offers education to 13,420 students, including 3,676 international applicants from 145 countries.
For masters’ level admissions at HEC Montreal, you must have an undergraduate degree. The business school has 30 research groups with an aim to broaden your research experience. The estimated cost of attendance at HEC Montreal is 54,624.24 CAD (33.58 lakh INR) for international applicants. HEC Montreal has over 100 kinds of yearly scholarships to assist students in financial need, with rewards up to 10,000 CAD (6.14 lakhs INR).
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HEC Montreal is rated 2nd for its MBA and Research in Management in Canada. It stands at 63rd position for its high-quality employability ratio. Moreover, Times Higher Education placed HEC Montreal at 14th in Canada and 81st worldwide for its exemplary performance in Sustainable Development.
The course-wise HEC Montreal rankings by different ranking bodies are mentioned in the table below:
| Ranking Body/Course | 2022 | 2023 | 2024 |
|---|---|---|---|
| QS Master’s in Supply Management | #24 | #26 | #34 |
| QS Master’s in Finance | #80 | #89 | #95 |
| Financial Times Master’s in Management | – | #91 | – |
| Financial Times Executive Education | – | #33 | – |
HEC Montreal Canada has a prestigious campus located in Montreal. The university has 3 spectacular buildings named Cote-Saint-Catherine, Decelles, and Helene-Desmarais. The campus of HEC Montreal is highly inclusive of diversity and promotes sustainability.
HEC Montreal offers more than 100 programs of undergraduate and graduate level in the field of Business, Management, and Administration. It broadens the scope of education through its MBA, Executive MBA, PhD and Specialized Higher Education Diploma (DESS) programs. You can also enroll from more than 60 hybrid courses at HEC, designed to help you achieve balance in your study, work and personal life.
Given below are some major courses at HEC Montreal:
HEC Montreal opens its applications for Summer, Fall and Winter academic sessions. International applicants can apply through the online portal available on the official website of HEC Montreal. You must read the guidelines before applying and make sure of the deadlines for each program to prevent unnecessary rejection.
The requirements for admission to HEC Montreal in various degree programs are tabulated below:
| Category | PG Admission Requirements | |
|---|---|---|
| Application Portal | MBA Application | Masters Application |
| Application Fee | 319.95 CAD or 19,000 INR | |
| Admission Requirements | Honors Degree or equivalent (Full-time 3 years of work experience; excluding internships) | Honors Degree or equivalent |
| Admission Tests | GMAT: 625 TAGE/MAGE: 345 | Not Required |
| English Proficiency Requirement | TOEFL-iBT: 72 to 94 IELTS: 5.5 to 6.5 | TOEFL-iBT: 95 to 114 IELTS: 7 to 8 |
| Additional Requirements | CV | 2 LORs | Transcripts | a written essay | Letter of Motivation | |
| Category | UG Admission Requirements | |
|---|---|---|
| Application Portal | BAA Application | BAA with preparatory year Application |
| Application Fee | 319.95 CAD or 19,000 INR | |
| Admission Requirements | High-School Certificate (12–13 years of study) | Transcripts | |
| Language Proficiency Requirement | French Test (TCF/TEF): B2 (4) 400-499 for each compulsory test SAT (French): 700/700 TOEFL-iBT: 72 to 94 IELTS: 5.5 to 6.5 | |
| Additional Requirements | Passport | |
HEC Montreal fees along with the expense of education and living is different depending on every applicant. However, an estimated cost of attendance for an international applicant ranges from 31,664.28 to 59,000.41 CAD (19.49 to 36.30 lakhs INR) based on the degree level. The cost of living in Canada is approximately 35,795 CAD (22.01 lakhs INR) on an annual basis.
You can find the estimated budget breakdown of course fee along with the cost of living in the below-mentioned tables respectively:
| Expense Type | Costs (CAD) | Equivalent Costs (INR) |
|---|---|---|
Master’s Tuition Fee | Thesis: 22,194 | 13.66 lakhs |
| Supervised: 32,445 | 19.97 lakhs | |
| MBA: 54,624.24 | 33.61 lakhs | |
Institutional Fee for Masters | Thesis: 1,530.01 | 94,194 |
| Supervised: 2,637.16 | 1.62 lakhs | |
| MBA: 4,376.17 | 2.69 lakhs | |
Masters Total | Thesis: 23,724.01 | 14.60 lakhs |
| Supervised: 35,082.16 | 21.60 lakhs | |
| MBA: 59,000.41 | 36.30 lakhs | |
Bachelor’s Tuition Fee | BBA: 29,870.10 | 18.39 lakhs |
| BBA with preparatory year: 29,870.10 | 18.39 lakhs | |
Institutional Fee for Bachelor’s | BBA: 1,632.78 | 1 lakh |
| BBA with preparatory year: 1,794.18 | 1.10 lakhs | |
Bachelors Total | BBA: 31,502.88 | 19.39 lakhs |
| BBA with preparatory year: 31,664.28 | 19.49 lakhs |
| Expense Type | Costs (CAD) | Equivalent Costs (INR) | ||||
|---|---|---|---|---|---|---|
| Health Insurance | 711 | 43,760 | ||||
| Textbooks | 800 | 49,236 | ||||
| Residence (including rent, insurance, electricity and internet bills) | 15,600 | 9.60 lakhs | ||||
| Food (groceries and restaurant) | 6,600 | 4.06 lakhs | ||||
| Transportation (public and private transit) | 7,644 | 4.70 lakhs | ||||
| Personal healthcare | 1,440 | 88,652 | ||||
| Sports and Entertainment | 2,400 | 1.47 lakhs | ||||
| Clothing | 600 | 36,927 | ||||
| Total | 35,795 CAD | 22.01 lakhs | ||||
Students at HEC Montreal can apply for scholarships in the field of admission, academic excellence, research, leadership and so on. HEC offers more than 100 scholarships and bursaries every year.
A list of some major scholarships in Canada for HEC Montreal students are mentioned in the table below:
| Scholarship Name | Eligibility | Awards (CAD) | INR Equivalent |
|---|---|---|---|
| AEHEC-53E Involvement Scholarship | Outstanding leadership contributions in AEHEC committee along with good academic record (enrolled in BBA) | 2,000 CAD | 1.22 lakhs |
| Alma Lepage Scholarship | Students writing a research paper or project on women and management (enrolled in M.Sc.) | 5,000 CAD | 3.07 lakhs |
| Andre Bachand Scholarship | Outstanding involvement contributions in community life of HEC Montreal or non-profit charities (all programs) | 2,500 CAD | 1.53 lakhs |
| Bourse en Finance Jocelyne et Jean C. Monty-1 | Minimum 3.7 GPA (enrolled in M.Sc. Finance, Applied Financial Economics or Financial Engineering) | 10,000 CAD | 6.14 lakhs |
| Fondation Therese et Guy Charron – HEC – Edouard – Montpetit Bursary | Students with one-time financial need with good academic record (enrolled in MBA) | 1,500 CAD | 92,157 |
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