2022-05-19 |
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Does Canada Have 1 Year MBA Program ? Is It Worth To Do ?

Is a 1 year MBA worth it?
Canada
  
MBA

One Year MBA in Canada

 

When it comes to taking MBA classes, Canada is consistently ranked among the most popular study-abroad destinations throughout the world. The Master of Business Administration (MBA) in Canada is a highly sought-after degree because it can be earned at some of the best universities in the country. On the other hand, several students and working professionals are reluctant to step away from their employment for an extended period (2 years full-time). Individuals who fit this description are ideal candidates for the one-year MBA program offered in Canada.

 

One-year MBA programs in Canada are becoming increasingly popular among students who wish to spend only a limited amount of time studying in another country. These programs enable students to obtain their MBA degree at a brisk pace, in just one year. The program prepares students for positions of leadership and assists them in securing MBA employment in the Canada of their choosing.

 

For entry into these expedited Master of Business Administration programs, universities in Canada are looking for self-starters who have exhibited leadership abilities and academic prowess. One more benefit of deciding to get an MBA after only one year in Canada is that it provides an immediate boost to your career without putting an undue strain on your financial resources.

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#How to get into a 1 Year MBA in Canada?

Students are required to meet specific eligibility requirements and complete the admission processes before they may be considered for admission to a Master of Business Administration program in Canada. The candidate's choice of university has the potential to have a substantial impact on the admission standards that are imposed.

 

The following is a list of some of the most frequent entry requirements for Canada's one-year MBA degree program, which may be found here:

  • The completion of a degree program at the undergraduate level with a passing grade is a prerequisite for applicants. Because an MBA that is completed in one year in Canada is an accelerated version of the regular MBA degree, certain universities may require applicants to already possess an undergraduate degree in a business or management-related field.
  • The majority of schools in Canada that offer 1-year Master of Business Administration programs require applicants to have at least two years of relevant professional experience in which they have held positions of leadership and responsibility.
  • Applicants who are unable to offer evidence of two years of work experience may compensate for this lack of experience by giving information of internships, volunteer work, and other relevant experiences.
  • A legitimate GMAT score is another need that must be met to be considered for admission to most MBA programs. To increase their odds of being accepted into the program, applicants should do all in their power to earn a score of 550 or above.
  • In addition to that, international students must provide evidence that they are proficient in the English language.
  • Other conditions for admission include the payment of application processing fees, the production of a certificate of funds, a statement of intent, letters of recommendation, and so on.

University

Work Experience (min)

GMAT Score

TOEFL/ IELTS Score

UG Score Required

Ivey Business School

2 years

Required

TOEFL-iBT: 100 IELTS: 7.0

87-89%

Smith Business School

2 years

Required

TOEFL-iBT: 100 IELTS: 7.0

Minimum B grade or its equivalent

HEC Montreal

2 years

Min- 570 Recommended- 630

TOEFL-iBT: 72 IELTS: 5.5

No Specific Grade required

Desautels Faculty of Management

2 years

Required

TOEFL-iBT: 100 IELTS: 7.0

83-87%

The Alberta School of Business

3 years

Min- 550

TOEFL-iBT: 100 IELTS: 7.0

80-83%

Edwards School of Business

No minimum limit

Min- 550

TOEFL-iBT: 86

79.6% or equivalent

Ted Rogers School of Management

2 years

Required

TOEFL-iBT: 93 IELTS: 7.0

80-83%

Lakehead University

2 years

Min- 550

(GRE equivalent-300)

TOEFL PBT: 500

TOEFL iBt: 80

IELTS: 6.5

No minimum score

Royal Roads University

2 years

NA

TOEFL: 88

IELTS: 6.5

No minimum score

 

Applicants to one-year MBA programs in Canada should keep in mind that admission might be fairly competitive due to the high quality of the programs. Even if they satisfy all of the entry requirements for Canadian universities, this does not guarantee that they will be admitted.

 

Students who wish to apply for a one-year MBA in Canada must first ensure that they satisfy all of the eligibility requirements and complete all of the admissions processes. In addition to this, individuals should pay particular attention to the quality of the essays that they submit for their statements of intent as well as the letters of reference that they submit.

 

#One Year MBA without GMAT

There are a few MBA schools in Canada that offer a one-year MBA program that does not need students to take the GMAT. The table that follows lists several of these colleges and universities.

 

University

Average Fees (INR)

Queen’s University

62.26 lakhs

York University

15.98 lakhs

Lakehead University

22.61 lakhs

New York Institute of Technology, Vancouver Campus

20 lakhs

Wilfrid Laurier University

29.75 lakhs

Concordia University

24 lakhs

 

#Why opt for One Year MBA in Canada?

Before beginning preparations for a one-year MBA program in Canada, here is a list of questions that you need to ask yourself:

  • Do you want to get the benefits of an MBA degree without putting a hardship on your financial situation?
  • Do you believe that you are up to the challenge of finishing an accelerated MBA degree program?
  • Do you have sufficient experience to compensate for the lack of an internship opportunity in the one-year Master of Business Administration program?
  • Are you familiar with the field that you hope to work in as well as the professional goals you have for yourself?
  • Are you interested in changing careers but find that you don't have the time to commit to a program that requires full-time attendance?
  • Will this Master of Business Administration degree be of sufficient assistance in the progression of the job path that you have chosen?

Have you given positive responses to each of these? If this is the case, then attending a business school in Canada for your MBA while it is only one year long would be the best option.

 

#Why study for One Year MBA in Canada?

 

The world of work is frenetic and unpredictable in its constant shifts. Innovative managers and leaders are in high demand to stay up with the ever-changing requirements of today's businesses. The one-year Master of Business Administration degree is unquestionably a godsend for businesses who are looking to fill skilled managerial positions with people.

There are several reasons why you might want to think about getting your MBA in Canada in one year, in addition to the fact that it is less taxing on your finances and allows you to begin making money sooner:

 

#Cost Effective

A typical MBA in Canada can cost you up to a million dollars or more, while an MBA for one year in Canada will cost you no more than 67 lakhs at the most. You will not only save time, but you will also save money as a result of doing so. Because you will be staying in Canada for a shorter amount of time, not only will your tuition costs be reduced, but the other living expenses you will have to cover while you are there studying will also be lower.

 

#Move Forward to Better Career Opportunities

The majority of students take on the financial load of an MBA in the hopes of improving their future employment opportunities. Ivey Business School reports that more than 91 percent of its MBA graduates experienced some transition in their careers after graduating from the program there. These graduates' careers shifted in some way, whether it was about the position they currently hold or the industry in which they work. Their hopes were not in vain. Students in a one-year MBA program are allowed to investigate opportunities, case studies, and the applicability of their learnings to real-life business problems to foster more focused growth in the students. You will be able to acquire the skill set that is needed out of professionals at a higher level of their careers if you obtain a one-year MBA from Canada. This, in turn, will help you climb up the career ladder that you are now on.

#Focused Curriculum

Candidates for the Master of Business Administration program are expected to be creative thinkers who are unafraid of taking on difficult tasks. Due to the increased specificity and difficulty of the coursework, the "can-do" attitude is even more important in the one-year MBA program. It is not acceptable for students to simply listen to lectures.

 

They are forced to work through case studies and actual business situations in the real world so that they can become better equipped to address problems that occur in the real world in a shorter amount of time. Case studies are an integral element of the curriculum in these types of classes offered in Canada; hence, students must use their knowledge to mature into competent professionals.

#The Opportunity to Establish New Connections

Because the 1-year MBA program only lasts for a limited amount of time, it is a frequent misconception that students would not have the opportunity to develop true connections during their studies. However, Ivey Business School and other top Canadian business schools have observed that the shorter period is what motivates students to reach out and build a strong network of peers in the business world. This finding is consistent with the findings of other leading business schools in the world. The process is made easier for students when they are part of a tightly-knit community of other students, which also enables them to share what they have learned with one another.

#Change of Profession

It might be challenging for working people who are interested in changing careers to commit to the traditional MBA curriculum, which typically lasts between one and two years. When this happens, getting a master's of business administration in Canada in just one year is one of the best choices you can make. The course will not only assist you in transitioning into business and related careers, but it will also prepare you appropriately since there is a strong probability that you will encounter other professionals with comparable minds and aspirations throughout your time there.

 

#Disadvantages of Pursuing One Year MBA in Canada

 

It is still a relatively new curriculum, even though the MBA degree that can be earned in one year is gaining popularity in leaps and bounds in Canada and other areas of the world. As a result, some of the drawbacks of getting an MBA in one year, which you might already be aware of, are discussed here.

  • There are no opportunities available for internships:  In Canada, MBA programs that are completed in one year are already condensed versions of the more standard MBA. The majority of colleges, universities, and business schools are unable to provide students with opportunities to participate in internships because the degree can be completed in less than a year. The internship experience is an essential component of the standard MBA curriculum, and its benefits to students' professional development are well documented.
  • Fewer schools offer one-year MBA: Because the one-year MBA is still a relatively new concept in Northern America and Canada, the number of schools in Canada that provide a degree in one year MBA is much fewer when compared to the number of institutions that offer MBAs that are completed over two years. Because of this, the number of schools to which you can apply will be reduced, and the level of competition for admission to the schools that offer this program will be intense.
  • Extreme Pressure: The typical two-year MBA program is condensed into one year, hence the one-year MBA program is a severely compressed form of it. As a result, the 1-year MBA program has packed schedules and intense study hours. Before choosing to accomplish the equivalent of two years' worth of coursework in only one, students need to be informed of the rigorous requirements of the one-year program.

The structure of the one-year MBA program is continuing to see an increase in demand in Canada. Having seen the enormous potential of this accelerated Master of Business Administration program, however, many of the nation's most prestigious schools of business have already begun offering it. For recent grads who are already working but want to swiftly level up in terms of their skill set, knowledge base, and earnings potential, this is a fantastic choice to consider.

 

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Fall 2023

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eat teachers for GRE and IELTS. The whole pre and post-application process from Grad-Dreams has been very systematic and detailed. For every process, they have designated employees to ensure a smooth and effective process, which directly eases everything.

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TANVI BIDWAI
UNIVERSITY OF CALIFORNIA RIVERSIDE
Mba's In Business Administration
Fall 2023

Good experience… The onboarding and Introduction sessions we ... Read More

re really good. The visa process was rather easy. Great advising session especially with Gayatri who helped me out with getting into the university I was interested in

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RICHIKA GHODKE
NEW YORK UNIVERSITY
Master's In Construction Management
Fall 2023

I express my utmost satisfaction and appreciation for the ou ... Read More

tstanding assistance provided by Grad Dreams throughout the admission process to my successful visa approval. The exceptional support I received from my advisor, Gayatri Ma'am, and the entire team has left an indelible impression on me and I extend my heartfelt thanks.

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PRAKASH KESHARWANI
SYRACUSE UNIVERSITY
Master's In Information Systems
Fall 2023

It was a great journey with Grad Dreams. Advisors are well f ... Read More

amiliar with the admission process, and guidelines and are helpful in every way. I was well guided through the visa process including the documentation. My advisor Prajyoti was very helpful with my queries and process. Thanks for making it possible."

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CHINMAY PATIL
CLEMSON UNIVERSITY
Master's In Construction Management
Fall 2023

I first heard about Grad-Dreams from my uncle who went USA t ... Read More

hrough them. So, without any doubt, I joined them. They helped me with universities, documentation, and applications, and the admission and Visa process help was also incredible. I definitely recommend people planning their education abroad to join Grad-Dreams.

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SIDDHESH AMBERKAR
CLEMSON UNIVERSITY
Master's In Mechanical Engineering
Fall 2023

My overall experience with Grad Dreams was great! I got enou ... Read More

gh support for admission into Clemson and received help to prepare for my visa as well. Gayatri Ma'am was my advisor and I was very comfortable asking her anything related to the admissions

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DHRUNIL SHAH
UNIVERSITY OF WASHINGTON
Master's In Mechanical Engineering
Fall 2023

Grad Dreams helped me throughout and before the application ... Read More

process, they provide apt solutions quickly and efficiently. My Advisor Vaibhawi was of great help throughout the journey. Extremely satisfied with visa consulting, I did not have to think twice apart from what they advised because of their expertise and experience in this field.

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MEGHA SETIA
UNIVERSITY OF CALIFORNIA BERKELEY - EXTENSION
Master's In Business Analytics
Fall 2023

I had a great experience with Grad Dreams. It is very import ... Read More

ant to have direction, accurate guidance, and constant support which I got from Grad Dreams. I really appreciate Prajyoti (my advisor); Her instant research and quick replies helped me a lot to keep my process on track and organized.

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NIRMALA SANKARAN
STANFORD UNIVERSITY
Associate's In Market Research
Fall 2023

I had a great experience with Grad Dreams. It is very import ... Read More

ant to have direction, accurate guidance, and constant support which I got from Grad Dreams. I really appreciate Prajyoti (my advisor); Her instant research and quick replies helped me a lot to keep my process on track and organized.

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ANSH THAMKE
COLUMBIA UNIVERSITY
Master's In Mechanical Engineering
Fall 2023

The experience was great. The steps taken to achieve the goa ... Read More

ls were precise and coordinated well. The admission process felt at ease because of Grad-Dreams.My advisor was Ms. Vaibhavi Kadam. She helped me a lot during the entire journey.

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NEHA BOWALEKAR
UNIVERSITY OF LIMERICK
Master's In Business Analytics
Fall 2022

The overall process has been great! My advisor handled all m ... Read More

y queries patiently but have been very encouraging. Aishwarya too assisted me well with the education process

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UTKARSH MONDKAR
UNIVERSITY OF TEXAS AT DALLAS
Master's In Business Analytics
Fall 2022

My Advisor at Grad-Dreams guided me during my each and every ... Read More

decision be it selection of University or be it about the finance. She took care of each every deadline so that I didn't missed them at all.

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RISHANK SINGH
UNIVERSITY OF MASSACHUSETTS, BOSTON
Master's In Computer Science
Fall 2022

Everything is sorted and managed perfectly by advisors and t ... Read More

eam. The most amazing thing that I liked about the whole process is that everything is done on priority basis. Team never slacks off and will not let you do so as well ;)

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TANVI MAGDUM
NORTHEASTERN UNIVERSITY
Master's In Computer Science
Fall 2022

I got admitted into the desired university and course and I ... Read More

wouldn't have achieved this without proper guidance. Grad Dreams provided me with that guidance and support and I am very grateful for that.

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PANINI PATANKAR
UNIVERSITY OF OKLAHOMA
Phd's In Biomedical Sciences
Fall 2022

I got a list of 10 universities from them where I applied an ... Read More

d was finally selected with full scholarship in one of them. They act like a perfect catalyst in achieving your dreams.

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PRACHI PAWAR
UNIVERSITY OF LIMERICK
Master's In Business Analytics
Fall 2022

The staff is knowledgeable, experienced and patient througho ... Read More

ut the process. My Advisor was Very meticulous, sharp and was very helpful and supportive throughout the process

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SANJEEV AHUJA
YORK UNIVERSITY
Mba's In Mba
Summer 2022

They have helped me from scratch to achieve my dream univers ... Read More

ity.It was a pleasant experience and the advisor was always in touch to push myself. They kept the dream alive and never let me loose hope

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ARDEN COUTINHO
THOMPSON RIVERS UNIVERSITY
Mba's In Mba
Fall 2022

Overall a smooth admissions process, with decent understandi ... Read More

ng of the visa requirements. Overall a smooth admissions process, with decent understanding of the visa requirements.

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NAVEEN BALASUBRAMANIAN
NEW JERSEY INSTITUTE OF TECHNOLOGY
Master's In Telecommunications
Fall 2022

The overall experience was amazing. It was very smooth even ... Read More

though I started my process during COVID and everything was done online still they didn�t make me feel like I don�t know them.. they made sure to check up on my process regularly.

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SHRUTI PARGANIHA
GEORGETOWN UNIVERSITY SCHOOL OF CONTINUING STUDIES
Master's In Computer And Information Systems Security
Spring 2022

I got admit letters from all the universities to which I app ... Read More

lied. My mentor was very supportive during the whole journey. I couldn't thank the team more. I wish all the luck to Grad-Dreams for future endeavors.

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TRUPTI SHINDE
UNIVERSITY OF TEXAS AT DALLAS
Master's In Finance
Spring 2022

I am glad I selected Grad dreams as my consultants they made ... Read More

this process very crisp and hassle free, My advisor was really prompt and accurate in solving all my queries

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ARYAN CHAVAN
OXFORD BROOKES UNIVERSITY
Bachelor's In Business And Management (Hons)
Spring 2022

Faculty members were They provide the best services in terms ... Read More

of shortlisting universities, sending documents, and coordinating. They’ve been really helpful with the admission and visa procedure.very helpful and supportive and also guided me throughout the journey.

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SWARNA NAGARAJ
UNIVERSITY OF BRITISH COLUMBIA
Bachelor's In Computer Science
Fall 2021

university shortlisting with right choices, application docu ... Read More

mentation preparation, applying, guidelines on selection of final decision when offers were received, including payment /finance were awesome and really felt the real worth of consulting with Grad-Dreams

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ISHIKA KHANDELWAL
UNIVERSITY OF TEXAS AT DALLAS
Master's In Business Analytics
Spring 2022

Even though the whole process was done online, I never felt ... Read More

at once the need to have a physical contact with the advisors. They were readily available all the time online as well.

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ANUSHKA BANSODE
UNIVERSITY OF CANADA WEST
Mba's In Mba
Fall 2021

I was worried about my visa application as I had to wait for ... Read More

too long with other consultancy. But my advisor showed urgency and gave me clearity about entire process which I was not aware of

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ADVAIT INAMDAR
IUBH UNIVERSITY OF APPLIED SCIENCE
Master's In Engineering Management
Fall 2021

With the help of the advisor all the steps were completed wi ... Read More

th relative ease and it helped me a lot mentally and I could focus on other important things instead of the menial tasks.

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ARBAZ MUZAFFER
UNIVERSITY OF BIRMINGHAM
Phd's In Law
Fall 2021

From the moment I enrolled with the Grad-Dreams, It was cert ... Read More

ainly going to be wonderful journey.I am in a top 100 university as of now and pursuing my research.

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RAJESHWAR JOSHI
DEPAUL UNIVERSITY
Master's In Human Computer Interaction
Fall 2021

It was a very well planned and very strategic admission proc ... Read More

ess, and the journey throughout. And most importantly, they provide all of these by charging reasonably low service fees

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ONKAR NERKAR
UNIVERSITY OF ILLINOIS AT CHICAGO
Master's In Industrial Engineering
Fall 2021

Getting to know suitable universities for your profile & edu ... Read More

cational background is key. Grad Dreams helps students in decision making. Besides they have good insight of Visa process & prepare you to exact sense !

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VAIBHAV KULKARNI
UNIVERSITY OF FLORIDA
Master's In Computer Science
Fall 2021

Applying in November when others had completed their process ... Read More

was not going to be easy to secure admission at a top university but here I am. This would not have been possible without the support and guidance from the Graddreams. :)

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KRISHI SHETTY
NOTTINGHAM TRENT UNIVERSITY
Master's In Luxury Brand Management
Fall 2021

When I started planning for my abroad studies in January 202 ... Read More

1 for my September intake a lot of people told me I was late and won't be able to cope up. But Grad-Dreams made it possible.

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PRIYANKA NIGADE
PACE UNIVERSITY
Master's In Data Science
Fall 2021

Helped alot in University selection of my criteria and impro ... Read More

ved my confidence through VISA preparation. My Advisor worked after working hours just to communicate with me when I was in the USA

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NEHA KININGE
UNIVERSITY OF TEXAS AT DALLAS
Master's In Management Science
Fall 2021

They helped me in each and every aspect of the way. Whether ... Read More

it be choosing universities or about loan sanction, each and every step was carried out meticulously by the respective responsible person.

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SHASHANK TIPLE
DEPAUL UNIVERSITY
Master's In Computer Science
Fall 2021

I was guided thoroughly about my application process and all ... Read More

the aspects of getting admitted to a university. All my doubts regarding admission, documents, universities, etc were answered by the experienced staff.

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NAMAN GOYAL
BOSTON UNIVERSITY
Master's In Computer Science
Fall 2021

They give the best advice. Initially, as a student, you woul ... Read More

dn�t like it sometimes, but in the end, it proves out to be the right advice, and that�s what matters. The best thing is that they give equal attention to every student

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ANUSHA SRINIVASA
UNIVERSITY OF ALABAMA AT BIRMINGHAM
Master's In Information Sciencs
Fall 2021

My admission process was so quick and hassle-free. I did not ... Read More

have to worry about anything. All the queries and problems during the process were quickly attended to. Everything happened according to the plan.

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SNEHAL PATIL
SAN FRANCISCO STATE UNIVERISTY
Master's In Software Engineering
Fall 2021

I had my wedding during my applications, and she helped me w ... Read More

ith all the applications and every single detail which helped me a lot to do the process fast and I was able to handle everything very well.

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KETAKI PANDIT
CALIFORNIA STATE UNIVERSITY FULLERTON
Master's In Computer Science
Fall 2021

I was relaxed and could fully focus on my job as they were w ... Read More

orking on my applications completely from the University shortlisting, to applying to those universities, finalizing the university, and most importantly my visa process.

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POORVA MALI
VIRGINIA TECH
Master's In Architecture
Spring 2021

I think their biggest strength is how everyone associated wi ... Read More

th the process is super approachable and easy to communicate with. They are extremely frank and clear making the process very transparent.

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PRITISH RAJE
UNIVERSITY COLLEGE DUBLIN
Master's In Food Science Technology
Fall 2019

I classify myself as the lazy one. Grad Dreams has been quit ... Read More

e the motivator and has pushed me always to get things done on time. I would definitely recommend this for a hassle free process.

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SAYLI BHUTKAR
NORTHEASTERN UNIVERSITY
Master's In Computer Software Engineering
Fall 2018

They explained each and every process and ensured that it wa ... Read More

s smoothly executed. When I first approached them, I was very worried about the whole procedure. But soon after joining the consultancy, I was assured that this wasn�t going to be too difficult for me. I sincerely thank grad dreams for making my dream come true.

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