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The Fast-Track MBA

Designed for busy working professionals, this fully online MBA course is highly flexible and delivered with interactive, bite-sized content and personalised student support.

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The Fast-Track MBA is one of the most affordable MBAs in Canada because we teach exclusively online. We don’t need to spend your tuition fees on maintaining lecture halls or sporting grounds. Instead, we focus on crafting seamless digital experiences, continuously improving our learning portal and hiring the best teaching staff to give you a flexible and valuable learning experience.

In addition to the information below, head to our Student Handbook, via our main site, for a comprehensive overview of the payment options available, the support you’ll receive and the tools and resources available to you as an AIB student.

Program Tuition

Tuition fee for Canadian students

There are two ways to fund your tuition:

  • Upfront OR
  • Rotessa 36-month payment plan

AIB offers Canadian citizens and permanent residents wanting to pursue study, two pathways to complete their MBA studies, which comprise of 12 subjects.

Firstly, full-time professionals can complete their course work across 24 months with a commitment of 15-20 hours per week. For those working less than full-time hours, there is an additional Fast-Track option allowing the course in which two subjects can be completed concurrently. This requires a commitment of 30-40 hours per week.

As you study and as things happen in your life, you can always pause your studies and return when you are ready to resume. The MBA is about providing a flexible study option for everyone whether they are juggling full-time work or have more time available to really accelerate their learning.

Our three-stage MBA process means that at each milestone or every 4 subjects you are awarded a post-grad qualification which you can add to your resume, giving you tangible value and return on investment before you have even completed your MBA.

We have partnered with Rotessa to simplify the payment management of your course. After commencing your studies, you will pay a recurring monthly instalment, completely interest-free.

You can save further if you pay the tuition fees up-front, irrespective of the timeframe you may take to complete the course.  Each course will require a textbook or eTextbook. However, there’s no need to purchase brand new, you can purchase e-textbooks or take advantage of the AIB community and access our online community and join the AIB MBA Textbook Marketplace.

Government Financial Assistance

In Canada, AIB is registered by the government body CanLearn as an International Designated Educational Institution (please search for VPCF in the International Master List of Designated Educational Institutions on www.canada.ca). Student financial assistance, including loans and grants, is available to eligible students through provincial, territorial and federal governments. To learn more about government student loans, visit www.canlearn.ca.

Master of Business Administration from the Australian Institute of Business is designated for student aid funding in Alberta, Ontario, Nova Scotia and Manitoba.

For Ontario residents: osap.gov.on.ca

For Alberta residents: alis.alberta.ca

For Nova Scotia: novascotia.ca

For Manitoba residents: edu.gov.mb.ca/msa/

Financing Alternatives

RRSP Withdrawals

You and/or your spouse/partner may be eligible to withdraw amounts from your registered retirement savings plans (RRSPs) to help fund your education. The AIB MBA program is eligible for withdrawals under the Lifelong Learning Plan (LLP). The annual tax-free amount you can withdraw is $10,000, up to a total of $20,000. Please visit the Canada Revenue Agency to learn about requirements and benefits of setting up your Lifelong Learning Plan.

Financial support from an employer

The Fast-Track MBA is built around practical learning that can be immediately applied to the workplace, so your employer will benefit. You may consider approaching your employer for support and funding of your MBA studies.

Personal Income Tax Treatment of Tuition Fees

If you pay all or part of the program tuition fees personally you are eligible to claim a tuition tax credit on the tuition portion of the fees. For more information, please consult with a professional income tax advisor or visit the Canada Revenue Agency.

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