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Last week, Canada's top business schools announced the Canadian MBA Alliance, a partnership between McGill University’s Desautels Faculty of Management, University of Toronto’s Rotman School of Management, Western Ontario’s Richard Ivey School of Business, University of British Columbia’s Sauder School of Business, York University’s Schulich School of Business, and Queen’s School of Business designed to market Canada as the place to pursue an MBA. 
 

Now, business critics are beginning to weigh in on Canada's stake in the international business academia, wondering if Canada's new alliance will threaten MBA programs in the States and the UK. An article in Bloomberg BusinessWeek suggests the UK may want to follow Canada's lead should they wish to keep up, as this model combined with Canada's advanced visa programs gives the country serious legs. 

 

"What makes the Canadian move interesting is the fact that the country is already very successful at attracting foreign students, thanks in no small degree to its liberal immigration policy and enlightened attitudes toward racial and cultural diversity. Canadian visa rules allow international students enrolled in a master’s or MBA degree program to stay and work in Canada under the Post-Graduate Work Permit Program for the length of the study program, up to a maximum of three years. Building on this through a concerted marketing campaign could make it a very serious competitor in the lucrative international market," writes Matt Symonds. 

 

Read the full article here.

Original source: Bloomberg BusinessWeek