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Lazaridis School of Business and Economics is the business School of Wilfrid Laurier University in Waterloo, Ontario, Canada. It is recognized by AACSB(Association to Advance Collegiate Schools of Business), which is a tremendous accomplishment considering that only around 5% of the world's 13000 business programmes have this accreditation. Programs at Lazaridis School of Business and Economics offer a wide range of options to applicants ranging from accounting, business technology management etc. The business degree with co-op is the one of the largest programs in the country immersing the students in the real-world environment in which they would work after graduation.
Admission to Lazaridis School of Business and Economics are offered in fall, spring and winter semesters. Online applications are submitted through OUAC portal along with the requisite application fee. Transcripts, ELP scores, and supporting documents are required to seek admission at the school. The annual cost to attend the school is around 40,000-46,000 CAD. The school provides scholarships and has a high employment rate of 99.5% for BBA and BA (Economics) and can thus assist the students in getting some of Canada's best-paying jobs. The college has 11 Canada research chairs, one UNESCO and one NSERC chair leading the world change and preparing the students for the same.
| Type of University | Public |
| University Website | https://www.wlu.ca/ |
| Sex Ratio | 59 Male : 41 Females |
| Faculty Members | 9 |
| Campus | Urban |
| Total enrolment | 20,000 |
| Annual Acceptance rate | 80-89% |
| Basic tuition fee for international undergraduate students | 24,104 – 29,637 USD |
| Basic tuition fee for international graduate students | Depends on the programme selected |
| Student-Teacher Ratio | 25:1 |
| Test Scores Accepted | GMAT, English Proficiency Test Scores. |
| Graduation Rate | 98% |
| Employment Rate | 99.5% |
Waterloo and Brantford are Laurier's two biggest campuses, but the institute also has a Faculty of Social Work in Kitchener and a weekend MBA programme in Toronto. The Waterloo campus is home to 16,000 Laurier graduate and undergraduate students, as well as the Faculties of Arts, Music, Science, Education, Graduate Studies, and the Lazaridis School of Business and Economics, as well as several of Laurier's research centres and institutes. More than 3,000 students are enrolled at Laurier's Brantford campus, which houses the faculties of Liberal Arts and Human and Social Sciences. Some of the features of the campus life are :
Laurier is ranked #1 for Residence Life and Extracurricular Activities in Maclean's University Rankings in 2019, 2018 and 2017. All undergraduate students enrolling in a tertiary institution for the first time are guaranteed a residence. Your application, along with your non-refundable 600 CAD deposit, had to be sent to the institute by June 1, 2021 at 11:59 p.m. to be eligible for the resident guarantee.
Rooms are assigned based on availability and preference. Rooms are assigned based on availability and preference. A student can request to live with a friend; if that is not possible, the institute matches you with a roommate who shares your habits.
Note: Students living in residence for the 2021-2022 academic year on either our Waterloo or Brantford campus will be required to be vaccinated against COVID-19 before their scheduled move-in date.
| Estimated Cost for an year is as follows: | ||
|---|---|---|
| Residence Style | Waterloo Campus Per Year in CAD | Brantford Campus Per Year in CAD |
| Dorm (Single and Double) | 6,472 – 8,114 | N/A |
| Apartment: Single | 7,376 –9,118 | 7,515 |
| Apartment: Double | 5,400 – 6,980 | 7,011 |
Note: All costs are based on a yearly basis.
UG at Lazaridis School of Business and Economics offers around 100 courses, whereas the graduate degree programmes have 22options to choose from. Laurier has more than 100,000 graduates from 85 different countries. All courses require a minimum of 60% in all preceding courses/classes to be eligible.
The school offers a double degree program of its own kind under the Canadian Education system combining Master of Business Administration (MBA) and Master of Finance (MFin). This combined program enables the students in leadership skills and investment banking at the same time.
Applications for fall 2022 will open in October 2021. The application deadline for Ontario high school applicants is January 13, 2022. All other applicants must apply by April 1, 2022.
| Term | Deadline |
|---|---|
| Winter 2022 | November 17, 2021 |
| Spring 2022 | March 17, 2022 |
| Fall 2022 | April 1, 2022 |
Application Portal – Online, Application Fees – 125 CAD
| Test | Score |
|---|---|
| TOEFL IBT | 83(with a minimum score of 20 in each component) |
| IELTS | 6.5(with a minimum of 6.0 in each band) |
| CAEL | 70 |
| PTE | 59 |
| Duolingo English Test | 115 |
| CAE | 176 |
Note: If the program's basic criteria are satisfied but the English Proficiency criterion is not, students must enrol in the Laurier English and Academic Foundation (LEAF) programme.
The following is an estimate of the academic and cost of living in Canada for overseas students for one academic year:
| Expense | Estimated Cost per year in CAD |
|---|---|
| Tuition | 24,104 – 29,637 |
| Student Fees | 1,188 – 1,426 |
| Books | 950 |
| Total Academic Expenses | 26,242 – 32,013 |
| Residence | 6,472 – 8,114 (Waterloo: dorm or apartment style) 7,515 (Brantford: apartment style only) |
| Meal Plans | 2,180, 5,250 or 5,650 (Waterloo) 800 – 1,200 (Brantford) |
| Health Insurance | 624 |
For international students, financial aid is provided in the form of part-time jobs, bursaries, and scholarships in Canada. Students can work as teaching assistants, computer analysts, tele fundraisers, or in the food service industry as part of part-time employment programmes. Few of the scholarships offered at Lazaridis School of Business & Economics are listed below:
Entrance Scholarships are for those who are starting their degree at Laurier with fewer than 4.0 university credits previously attempted (at any university) or less than 1 year of full-time college education. Applicants must be registered full time (2.0 credits minimum per term) to receive the full entrance scholarship amount and you must be registered in two terms within your first academic year
Scholarships for admission are awarded based on your admission average. There is no need to fill out an application.
Entrance Scholarship Values
| Admission Average | Award Value in CAD |
|---|---|
| 80.0–84.9% | 1,000 |
| 85.0–89.9% | 2,500 |
| 90.0–94.9% | 3,000 |
| 95.0–100% | 4,000 |
President's Gold Scholarship valued at 4,000 CAD is for students scoring 95% or higher.
New Laurier Scholars’ Awards are prestigious Laurier Scholars Award, founded in 2021 to provide high-achieving students with the chance to participate in a dynamic academic environment that fosters innovative thinking and ethical, imaginative leadership. This award is worth up to 40,000 CAD over the course of four years.
This scholarship requires an application. The deadline for fall 2021 was April 8, 2021. You must have an offer of admission for fall 2021 and have a current admission average of 90% or higher to apply for the Laurier Scholars Award.
Entrance Bursaries are based solely on financial need, entrance bursaries are worth a maximum of 1,500 CAD and do not need to be repaid. To be eligible, you must be a Canadian citizen or permanent resident and attending postsecondary for the first time.
The Wilfrid Laurier Alumni Association is a large organisation with about 104,000 alumni members. Laziridis graduates are automatically included in the alumni network. An Alumni card comes with a slew of perks, including career services, bar access, and discounts and other perks at the library and other establishments. Some of the Notable Alumni are:
To encourage students and assist them in exploring career alternatives, the University hosts a variety of career fairs and seminars. Every year, more than 900 firms recruit students for about 4900 employment openings. According to Maclean's rankings, the University has continuously ranked first in terms of student satisfaction for the past three years. There was a 98% employment rate for the BBA program and a 100% employment rate for the BA (Econ) program in 2019. Many large organisations visit the university for placements, and all students who apply are hired.
Some of the sectors and high paying degrees and the annual salaries are discussed below:
The university offers an excellent MBA co-op program, the biggest benefit of the program is you earn money while pursuing your MBA which helps to defray the expense of school. - Gain 8 months of essential work experience in a variety of industries, paving the way for future job prospects. Also, there are ample scholarships to students. In conclusion, the university is the place to go if you want a valuable business degree and exposure.
Ques. What is the average GMAT score required to get admission into the MBA program at Lazaridis School of Business & Economics?
Ans. The average GMAT score required to get admission into the MBA program at Lazaridis School of Business & Economics is 610. Moreover, a student can also get more scholarships with an excellent GMAT score .
Ques. How is the faculty at Lazaridis School of Business & Economics?
Ans. The faculty experience is absolutely fantastic; they are truly excellent people who are extremely knowledgeable about the business subject. Furthermore, the teachers provide a great deal of motivation along the journey and even provide personal guidance on your company ideas, and they are always willing to listen to your next move.
Ques. Are international students eligible for the Toronto part-time alternate weekend MFin program?
Ans. We do accept applications from international students. International students do not typically apply to our part-time Toronto program because they are not eligible for a post-graduate work permit (PGWP).
Ques. If a student passes the CFA level 1 exam, will he/she be exempted from GMAT requirement?
Ans. If s student passes the CFA Level 1 exam and completed a previous degree in North America, the GMAT requirement can be waived.
Ques. Is Co-op placement guaranteed for co-op students?
Ans. Co-op employment is not guaranteed. Co-op students apply for co-op positions posted by companies. The companies select those students they wish to interview. If a co-op student fails to secure a position in the fall term, he/she can continue interviews in the winter term. After two terms, a co-op student without co-op job offer will be converted to the regular stream.
Ques. Is work experience required to be considered for MFin program?
Ans. A minimum of two years of full-time work experience is required for our alternate weekend MFin program in Toronto. No work experience is required for our full-time MFin program in Waterloo.
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Courses
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TOEFL · IELTS
Showing 2 bachelors
Lazaridis School of Business and Economics is a school at Wilfrid Laurier University and has around 6,960 students enrolled. The Lazaridis School of Business and Economics was established in 1966. The job placement rate for Business Administration and Economics graduates is 97% and 93% respectively.
| Application Portal for International applicants | OUAC Application |
| Application Fees | 95 USD |
| Total Enrollment | 6,960 |
| Acceptance Rate | 90-100% |
| Financial Aid | Scholarships, Grants |
| Academic calendar | Semester-based |
| Intake seasons | Fall and Spring |
| Admission HelpDesk | [email protected] |
When to apply? General application deadlines for Lazaridis School of Business & Economics programs are mentioned in the below table:
| Semester | Deadline |
|---|---|
| Winter | November 20 (Now closed) |
| Spring | March 17 (Now closed) |
| Fall (Ontario Applicants) | January 13, 2022 (Now closed) (Ontario applicants) April 1, 2022 (Other Applicants) |
What are the application steps? Lazaridis School of Business & Economics offers more than 80 undergraduate programs. The application steps are as follows:
The college will confirm the admission and send an email. Applicants must accept the offer and revert.
What are the admission requirements for international students?
Along with the above-mentioned documents, the applicants must have any of these:
What are the English proficiency requirements? International students submit one of the following test scores as proof of English proficiency:
| Test | Minimum Score Requirement |
|---|---|
| TOEFL | IBT: 83 PBT: 560 |
| IELTS | 6.5 (6.0 in each band) |
| PTE | 59 |
| CAEL | 70 (60 in each band) |
| CAE | 176 |
How to apply for a Canadian student visa? All international exchange students, studying in Canada, must have a valid study permit, except where the length of the study program is six months or less. Foreign full-time students holding a valid study permit can take part-time work on-campus.
Students who wish to study require obtaining a Canada study permit. The eligibility requirements for the same are:
How to apply for UG admission? Lazaridis School of Business & Economics offers more than 100-degree programs, along with thousands of options and minors. The courses are delivered in Waterloo, Brantford, Milton, Kitchener, and Toronto and online across 5 campuses and locations.
Where to Apply: OUAC Application
Application Fee: 95 USD (~7,240 INR)
What are the UG admission requirements?
Admission requirements for India:
What are the PG requirements? The applicants must fulfill the below-mentioned requirements for entry and English language requirements as needed by the programs.
Where to Apply: OUAC Application
Application Fee: 95 USD
Admission Requirements:
Admission requirements for graduate-level programs are as follows:
| Program | Requirements |
|---|---|
| Master of Business Administration | Application summary; statement of intent; resumé, work experience; 3 academic LOR or 2 academic and 1 professional LOR; GMAT score of 550 |
| Master of Finance | 4-year honors undergraduate degree in economics, business or a related field; minimum B+ average in full-time study; 1 academic and 1 professional LOR. |
| Master of Science in Management | Application summary; statement of intent; GMAT score; résumé; 2 academic LOR |
| Master of Arts in Business Economics | Application summary; statement of intent; GMAT score; résumé; 2 academic LOR |
| Executive Master's in Technology Management | 4-year honors undergraduate degree; experience as a senior-level manager, director or executive in a technology-focused company; application summary; statement of intent; GMAT score; résumé; 2 academic LOR; sample of scholarly writing |
Normally, the entry requirements and course-specific requirements are similar, though one must check before applying.
Lazaridis School of Business & Economics in Waterloo, Ontario, Canada placement details include salary insights, top recruiters, and hiring trends to help students understand career outcomes and campus opportunities.
Students usually compare highest package, average package, and recruiter profile before applying. This section gives a compact overview of career outcomes and placement visibility in Waterloo, Ontario, Canada.
Represents the top salary package reported in the available placement information.
Shows the typical package range students may expect based on the available average salary data.
Placement information is currently limited.
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64 University Avenue West, Lazaridis Hall 4001, Waterloo, ON N2L 3C7
+1-519-884-0710