Master of Global Business and Economy
A Cutting-Edge Master's Program for a Globalized World
Launching in Fall 2025, the Master of Global Business and Economy (MGBE) is a 24-month course-based graduate program designed to equip students with the critical thinking, communication, and analytical skills needed to navigate today’s complex global business and economic landscape. Combining real-world data analysis with practical coursework, the MGBE prepares graduates for dynamic careers in international business, policy-making, and economic analysis.
Our students are part of a unique and innovative program. Algoma University is the first Canadian university to offer a Master of Global Business and Economy, providing a distinctive blend of business and economic studies with a strong emphasis on real-world application rather than abstract theories.
Graduates of this program can pursue careers in various sectors, including the
- Private Sector (such as Business/Economic/Management Consulting, International Trade, Business and Logistics),
- Public Sector (as Policy Analyst, Researcher, Project Management) or with
- Non-Profit Organizations (including International Development, Sustainability Consulting).
For those seeking further education, the program provides a strong research foundation, making it an excellent pathway to Ph.D. or DBA programs in business and economics. Overall, the MGBE program aims to develop well-rounded professionals equipped to contribute to a dynamic global economy.
Prospective students are advised that offers of admission to a new program may be made only after the university’s own quality assurance processes have been completed and the Ontario Universities Council on Quality Assurance has approved the program.
Contact:
General Inquiries:
[email protected]
Admission-related Inquiries:
[email protected]
Intake Details:
Study Locations/Campus: Brampton or Sault Ste. Marie
Intake terms available: Fall (one intake/year)
Program details: two-years (24 months, 4 semesters)
Delivery: full-time, course-based
Application Dates:
FALL 2025: opens on March 10th, 2025.
*See Step 3 for further information on application submission and processing timelines
What Can You Expect
Application & Admission
To ensure a successful application we recommend completion of all these steps before you apply.
Note: Email pre-screening is not available, submitting an application is required for assessment. Applicants must meet requirements in Step 5 and satisfy Checklist conditions in Step 6.
The MGBE is a program delivered over four semesters (24 months). Students will complete 10 courses, including a capstone Major Research Project that enables them to apply their knowledge to industry-relevant challenges.
Course Breakdown
Terms 1 & 2:
Foundational courses in Economic Analysis and Policy, Data Analytics, and International Business, Global Supply Chain Management, Global Business Strategy & Leadership, and Research Methods.
Terms 3 & 4:
Specialization courses include Global Labour and Migration Policy, and Sustainable Energy and Environmental Policy, Agriculture, Food & Trade Policy, and Project Planning and Risk Analysis.
Final Term (4):
Completion of the Major Research Project, where students formulate evidence-based policy or business recommendations using real-world data.
Students will be admitted as full-time students and will maintain full-time status throughout the four semesters of the program. In these semesters, they will be registered as full-time students and will pay applicable tuition, ancillary and insurance fees.
For detailed program guidelines, academic policies, and more, please consult our Graduate Student Handbook.
To be considered for admission to the Master of Global Business and Economy, applicants must hold a four-year undergraduate degree in any discipline from an accredited university, with a minimum 75% (B+) average over the last two years of full-time undergraduate study. Background in quantitative subjects is required for admission to this program.
Applicants who have not completed Statistics, Business Statistics, Quantitative Methods, Mathematics, Business Mathematics, or Mathematical Economics courses at the undergraduate level must complete a foundation course, “Basic Quantitative Analysis,” at Algoma University. This one-month intensive course is designed specifically for MGBE students with non-quantitative backgrounds.
English Language Requirements
Proficiency in written and spoken English is required for international applicants whose primary language of instruction was not English. Applicants must submit a valid test score to complete their application.
Non-native English speakers must demonstrate proficiency through one of the following:
- IELTS Academic: 6.5 overall, no band lower than 6.5 (reading, writing, listening, speaking)
- TOEFL (IBT): 93 overall
- Cambridge Assessment Test (CAE): 176
- Canadian Academic English Language (CAEL): 60
- Pearson Test of English (PTE): 63
- Duolingo English Test (DET): 110 overall, no band lower than 100
- ILAC Pathway: Successful completion of ILAC’s University Pathway Program (PW 3.3)
- RCIIS Pathway: Completion of the IELTS Preparation Course with a 6.5 overall and a minimum of 6.0 (each band) on the RCIIS Mock IELTS exit test Or Received a final overall grade of 70% or higher in the EAP Course with and an IELTS minimum overall band score of 6.0 and have a score no lower than 6.0 on each band.
Applicants are exempt from testing if they have:
- Completed four or more years of full-time studies in a recognized post-secondary institution in Canada.
- Completed four or more years of full-time studies in an approved post-secondary institution outside Canada where English was the primary language of instruction.
Note: English proficiency test scores must have been taken within 24 months of the application submission date. Algoma University reserves the right to request English language proficiency results from any applicant.
FALL 2025 INTAKE:
Application opens on March 10, 2025
Domestic applicants:
- Application deadline: August 15, 2025
- Documents are accepted August 29, 2025
International (onshore and offshore) applicants:
- Application closes on June 1, 2025
- Documents are accepted until June 15, 2025
Application deadline for entrance and donor-sponsored scholarship consideration:
- May 1, 2025 (applicants must complete in full all application requirements for admissions)
Application processing timelines:
- Expected time for application processing, review and issuing decision notices and Letters of Offer between two and six weeks.
- Only complete applications are assessed for admission.
- Incomplete applications will be closed or deferred to the next intake.
* Given the high volume of applications received and to maintain integrity of the admission process, we do not issue application status updates prior to the completion of the review process and outside the above posted timeframes.
Please review our Tuition and Ancillary fees for the Master’s Programs
There is no guaranteed funding in this program. Students may be eligible for entrance scholarship under certain conditions and only if they complete in full all application requirements for admission by the specified deadline of their intake. For information on tuition fees and all other types of financial support, please visit the above website.
In order to apply for the Master of Global Business and Economy program we require the following:
- A complete Application form (submitted via the Application Portal by the specified deadline)
- Full payment of the application fee ($70 for domestic applicants, and $125 for International applicants).
- Undergraduate degree transcript ready to be uploaded to the Application Portal
- Language test result (for international applicants that completed their undergraduate degree in a country where English is not an official language)
All applicants are advised to arrange to have an official Transcript sent by their university directly to the Graduate Admissions office at [email protected]. Official transcripts will be requested via email following the pre-screening of the application and is a requirement for admission to the program.
Algoma University students are not required to submit transcripts as that is provided on their behalf by the Office of the Registrar.
6. Apply
If you are a forward-thinking individual eager to develop advanced analytical, research, and leadership skills in a global business and economic context, then the Master of Global Business and Economy is the program for you!
Ready to apply? Review this checklist before submitting your application:
- You hold a four-year undergraduate degree from an accredited university with a minimum 75% (B+) average in the last two years of full-time study.
- If you are an international applicant, you can provide proof of English proficiency that meets the minimum requirements listed in the MGBE Academic Requirements section.
- You understand that a non-refundable application fee is required to complete your application.
- You have your university transcript and English language test results (if required) ready for upload.
All applicants must meet these requirements for their application to be considered. Incomplete applications will not be processed. Meeting the minimum admission criteria does not guarantee acceptance, as admission is competitive and based on the overall merit of the application.
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