Study in Canada

MBA in Technology, Innovation and Entrepreneurship
from International Business University, Ottawa

Registration Date- 19 Sep, 2024

(An Exclusive OEG-Veranda Pathway for Academic Partners)

About Veranda-OEG Preparatory Program (VOPP) Pathway

The Veranda-OEG Preparatory Program (VOPP) is an exclusive Pathway designed to provide a structured educational and career pathway for students seeking to pursue higher education and thereafter intending to live and work in Canada. The VOPP pathway has been carefully curated with an intent to handhold and support students through their journey to secure admission into legitimate colleges in Canada that supports their career and life aspirations.


7 Exclusive Benefits of the VOPP Pathway

  • Discounted Program Fee : Complete the entire degree program at a fee that is substantially lower than what is otherwise offered to International students.
  • Paid Internships: As a VOPP Pathway student, become eligible for a guaranteed Paid Internship while in pursuing your degree in Canada.
  • Placement Assistance: Our Placement Coordinators assist learners in finding placement positions, leveraging partnerships with employers, academic institutions, and government entities for potential job and internship opportunities.
  • Earn Academic Credits : Complete credit bearing courses during the VOPP pathway and earn transferable academic credits even before you start the program on Canadian soil.
  • Save on Living Costs: VOPP Pathway allows you to complete a few months of the program curriculum while in India allowing you to save on the living costs that you would otherwise incur in Canada.
  • GMAT Score Exemption : Enrolling in and completing the VOPP Pathway gives you an exemption on the GMAT score requirement which is otherwise a necessary eligibility condition for international students applying to Universities in Canada.
  • Support Ecosystem for Non-Admission Related Activities : Whether it is assistance with your Canadian Visa application or applying for the 3 year PGWP / post study visa or seeking financial assistance, leverage our robust support ecosystem to help you realize your dreams!

Programme Highlights

PGWP Eligibility

Students completing the MBA in Technology, Innovation and Entrepreneurship in Canada gain the 3-year postgraduation work permit eligibility that allows students to stay in Canada for up to 3 years without any new or additional visa requirement..

Affordable and High Quality MBA

At a fee of $36,000 CAD for international students, it is hard to find a more viable option for international students who want to pursue graduate studies in technology innovation and entrepreneurship. Compared to other MBA universities in Canada, IBU offers affordable and high-quality MBA that will help you achieve your career goals..

Most Suited for New Age Career Opportunities

The MBA specialization in Technology Innovation and Entrepreneurship teaches you how to create and launch new technologies and business models preparing you exciting careers in technology-based startups, innovation consulting, venture capital, corporate innovation, or social entrepreneurship..

Leadership Interactions

IBU's Center of Sustainable Business connects students with academic and industry leaders, offering interdisciplinary learning in social and environmental sustainability, including environmental science, green finance, and social entrepreneurship..

Student Journey 

Semester 1: Foundations

Master the fundamentals of accounting, analytics, leadership, and marketing strategies to gain the skills needed to apply them to real-world situations with our Financial Management, Analytics, Organisational Behavior, and Marketing modules in the first term. This term of your Master’s Business degree will equip you with the knowledge and tools to manage and lead effectively in today’s fast-paced business environment.

Semester 2: Foundations

The second term delves into Communications, Interpersonal Skills and Negotiation, Strategy, Information, Technology and Digital Transformation, and Macroeconomics. This ensures you have a comprehensive understanding of the latest technological innovations, environmental advancements, and political trends shaping the business world, and how you can leverage them to drive change.

Semester 3: Specialisation

In the third term, you will pick three of the following specialisations: Research Methods, Business Planning, Entrepreneurship, Regulatory Environments, Ethics and CSR. During this term, you will develop the ability to conduct research, analyze data using quantitative and qualitative tools, communicate your findings, and master the fundamentals of successful entrepreneurship

Semester 4: Application

The final semester allows students to integrate and apply their knowledge with a Consulting Study, Business Plan Development, or Major Research Paper. Depending on the area you wish to focus on, you will work with an organisation in the public, private or non-profit sector, develop a start-up business plan, or produce a professionally written research report that applies a research method to collect and analyze data.

Career Pathway

Corporate Management
& Leadership

Aim for executive positions where you can transform the future of various industries through strategic decision-making with a broad corporate perspective combined with a view of disruption and entrepreneurial edge.

Entrepreneurship

Join a scaling company or start your own firm with industry knowledge and practical skills needed to develop an effective business plan, secure funding, and manage operations to create a business model for success.

Technology Management
& Strategy

Drive technological innovation by using your skills to help companies develop and implement technology strategies and optimize technology within your organisation.

Investment Banking
& Private Equity

Shape the future of finance by driving growth and helping organisations raise capital, make strategic acquisitions and structure complex financial transactions.

Operations & Supply Chain Management

Optimize efficiency by improving operations and supply chain management in manufacturing, logistics, and related industries

Real Estate Development & Management

Our MBA programme positions you to leverage your business acumen and knowledge in developing and managing properties and real estate projects

Non-profit Management & Public Administration

Make a tangible impact on social and public issues by applying your knowledge of management and leadership roles in the non-profit and public sectors.

Healthcare Management & Administration

Excel in a management role in hospitals, clinics, and other healthcare organisations by using your business skills to improve efficiency while bettering patient outcomes.

Eligibility

Bachelor’s degree with a good standing (6 CGPA and above).

IELTS with a 6 overall or any other equivalent English proficiency.

GMAT Score of 560 or above. (Exempt for Students of VOPP Pathway)..

Fee

For International Students

$36000 CAD

For VOPP Pathway Students

$ 30000 CAD ONLY

VOPP Pathway – Payment Schedule

Particulars Amount Timeline
Application Fee (CAD 75) + Advance of VOPP Pathway Fee (375) CAD 450 / USD 330 At the Time of Application
Balance of VOPP Pathway Fee CAD 5550 / USD 4060 Within 10 days of receipt of VOPP Offer Letter
Total VOPP Pathway Fee CAD 6000 / USD 4390
Balance Program Fee (Payable to IBU) CAD 24000** As per timelines specified by IBU
TOTAL PROGRAM FEE PAYABLE CAD 30000

Note: An Admission Offer Letter will be issued by IBU upon successful processing and completion of a deposit payment of CAD 2150 directly to IBU. This amount of CAD 2150 will be adjusted against the program fee of CAD 24000.

Timeline/Important Dates

Apply Online at- https://www.ottawa.education/veranda/

IBU and OEG decision process on Selection* Close by 15 June 2024
Conditional Offer Letter & Commencement of Visa Application* Close by 20 June 2024
Fee Payment for VOPP Pathway 25 June 2024
VOPP Pathway Program Commencement (India) 01 July 2024
MBA Academic Session Commencement (Ottawa, Canada) September 2024

* If you have a GMAT score of 560 or above, you may be eligible to have your application processed and receive your offer letter by 01 August 2024 and the last date for fee remittance would be 15 August 2024.

Curriculum


    Syllabus

Need help? Talk to our counsellors

+91 8130038579

About IBU

IBU is a student-focused university offering a diverse range of career-focused undergraduate and graduate programmes that can be completed in an accelerated time frame. Our graduates leave with knowledge, technical and interpersonal skills and valuable problem-solving experience. These qualifications prepare you for roles in various sectors, including business, non-profit organisations, and public service. IBU has received approval from the Minister of Colleges and Universities to offer this programme for a seven-year term, commencing on December 4, 2020.

IBU is Ontario's inaugural independent homegrown university and first “Not for Profit” Private University of Ontario. IBU is DLI approved and is a member of AACSB's Business Education Alliance, granting access to a global network for enhanced business education. IBU's MBA program proudly holds NCMA accreditation, enabling C.I.M. and C.Mgr. designations.

As dedicated educators and mentors, our esteemed IBU faculty are committed to nurturing and empowering their students. They cultivate a holistic learning environment, fostering diversity of thought, collaboration, and structured growth both inside and outside the classroom. This approach is designed to help students reach their maximum potential.


About OEG

In partnership with Canadian universities, colleges, industry, and government, Ottawa Education Group (OEG) offers ROI-driven training and development solutions to empower the workforce of tomorrow. Education and training are about more than just knowledge transfer and acquisition. They are about enabling individuals and businesses to work - today and in the future. OEG's work-integrated learning initiatives furnish individuals with the skills, knowledge, and experience required to harness their potential effectively.

The Ottawa Education Group is comprised of 3 centres:

  • Canadian Centre for Upskilling: Practical, tactical, applied learning for immediate return on investment.
  • Canadian Centre for Advanced Skills: Experiential, hands-on programming to address the future of work.
  • Canadian Centre for Experiential Degrees: Accelerated, practical, relevant degrees for tomorrow’s talent.

About Veranda HigherEd

Veranda HigherEd, a division of Veranda Learning Solutions, is dedicated to fostering essential skills in emerging professionals. Our focus is on delivering state-of-the-art digital learning experiences across various domains, including Management, Technology, Leadership, and Marketing. We collaborate with prestigious universities and institutions to provide dynamic, outcome-driven programmes that enable candidates to enhance their skills and accelerate their career progression.

For our study abroad initiative, Veranda has partnered with OEG to develop an exclusive and customized VOPP Pathway program. This program provides a unique pathway for individuals without the necessary GMAT scores or those who haven't taken the GMAT yet. The Pathway also provides a number of other benefits including specially discounted fee and ability to complete credit bearing courses beforehand opening doors for interested candidates to study, work, and experience life in Canada.

FAQ

IBU does not believe that test scores alone determine a candidate's eligibility. Therefore, you have not written the GMAT or have not received a minimum GMAT score of 560, you can still enrol for the VOPP Pathway program, hosted by Veranda and OEG in India, that will make you eligible for a conditional offer from IBU for the MBA in Technology, Innovation and Entrepreneurship without a GMAT test. As you commence the VOPP Pathway program, you can also begin your Visa application process.
 

The 2 month long VOPP Pathway program is a full time pathway program offered by OEG and Veranda HigherEd in India. The mode of delivery is mostly online. Students will need to successfully complete this program to be considered eligible for GMAT exemption and to be directly admitted into IBU’s MBA programme.

If you are an applicant from India, then you need to appear for an English Proficiency test that must have been taken within 2 years of the start of your term of admission and your test results must be equal to or greater than the minimum required scores listed below. Test accepted by IBU and their required minimum scores are:

Cambridge Assessment English C1: Advanced and/or C2: Proficiency

Required score: minimum 175 overall with no component below 170.

Canadian Academic English Language Assessment (CAEL)

Required score: minimum 70 overall with no band below 60.

International English Language Testing System Academic (IELTS) (not general test)

Required score: minimum 6 overall with no band below 6.

Pearson Test of English (PTE)

Required score: Overall 60 for the explanation of Pearson Test of English (PTE).

Test of English as a Foreign Language, internet based (TOEFL iBT) (not Super Score Test and not Home iBT test)

Required score: minimum 83 overall with no individual scaled score (writing, speaking, reading, listening) below 20.

Canadian Language Benchmarks score

Required Score: minimum score of 7

Post-secondary level English for Academic Purposes program accredited by Languages Canada

Required Level: minimum equivalent of B Standing

Common European Framework of Reference for Languages (CEFR)

Required Score: Level C1 or higher

Michigan English Language Reading Battery (MELAB)

Required Score: Minimum 76

Canadian Test of English for Scholars and Trainees (CanTEST)

Required Score 4.5 in Reading and Listening and 4.0 in Writing

Duolingo

Required Score: Minimum score of 105
 

 

The fee payable by International students for the MBA from IBU is CAD 36000. However, students of VOPP Pathway will be required to pay only CAD 30000 which is CAD 6000 for the 2 month VOPP Pathway program and CAD 24000 for the 16 months that students will spend to complete their MBA with IBU in Canada. Please note that travel, visa and living expenses are not included in the above fee and will need to borne by the student separately.

Once the initial document validation and personal interaction round is completed, you will receive an Offer Letter from OEG for the VOPP Pathway. On payment of additional CAD 2150 directly to IBU and upon commencing your VOPP Pathway program, you will receive a Conditional Offer Letter from post which, you may initiate your Canadian visa application process from India.

IBU is a University and does not provide any Visa Application assistance. However as Pathway Partners OEG and Veranda HigherEd will connect you agencies that will provide you with able assistance on visa application process as well as guide you on various aspects of living and working in Canada.

At the time of submitting the online Application form, you will be required to pay an Application Fee of CAD 75 (approx. INR 4550). If you are selected and successfully enrol for the program, the Application Fee of CAD 75 will get adjusted against the GMAT Exemption and MBA Readiness Fee of CAD 5000. If you choose not to go ahead with your application after successful submission, you will forfeit the Application Fee amount. If you choose to drop out after being selected into the program, you will not be eligible for any refund of any amount paid towards GMAT Exemption and MBA Readiness Fee or the MBA Tuition and Academic fee. In the event that your Visa gets rejected, then any amount paid towards MBA Tuition and Academic fee could be adjusted against an Online MBA or an alternate upskilling/employment programme that you may choose to continue to pursue from IBU or OEG. 

In the event that your Visa to Canada is rejected by the Canadian Embassy, you will still have the option to leverage the credits earned in the Veranda-OEG Pathway program and continue with Online Plus version of the MBA. Additionally, depending upon your specific skill set mapping Veranda-OEG could also consider your fitment into their short term Technology Experiential Learning Program, successful culmination of which could result in an employment offer in Canada.

Alumni of IBU have been recruited by leading Canada-based consulting firms like Deloitte, KPMG, E&Y, Accenture etc., financial institutions like RBC, BMO, TD, Scotiabank etc., investment funds, and many others.

Yes, IBU has a strong support ecosystem to assist their international students. Information related to the available accommodation options can be viewed at https://ibu.ca/international-students/#housing .