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Lazaridis School of Business & Economics

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VerifiedPublicEstd. 1966
Founded
1966
Type
Public
University Guide

About Lazaridis School of Business & Economics

Explore overview, courses, fees, admissions, campus life, scholarships and student accommodation guidance in one premium Admistay guide.

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.

Highlights

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%

Lazaridis School of Business and Economics Campus

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 :

  • On the Lazaridis School of Business and Economics campus, there are approximately 22 clubs and organisations centred only on business and economics, with over 2300 business students participating. There are a total of 270 clubs and groups at Laurier, with over 6000 students active in them, including these 22.
  • The Waterloo campus is 11.6 kilometres from the Kitchener (YKF) Airport, and it takes only an hour to get there from Toronto.
  • A variety of tours and events are held on campus from time to time to help students clear their minds.
  • Academic and faculty buildings, living rooms (both dormitory and apartment-style), food outlets, the Athletic Complex, and the Laurier Library are all included in the campus tours.
  • Maureen Forrester Recital Hall and Robert Langen Gallery, WLU permanent art collection, Woldemar Neufeld art collection, University Players stage productions, Festival Laurier, and many organisations and organisations offering social and cultural events are among the campus's other amenities.

Residence

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.

  • The rooms in the resident buildings are completely equipped and include amenities such as a washing room, a kitchen, a common area, a study lounge, and access to the internet.
  • For the 2021/22 academic year, the residence cancellation deadline is June 30, 2021 to be eligible to receive a refund of the residence deposit.
  • Studio apartments, 3-bedroom apartments, 4-bedroom apartments, and shared apartments are also available as off-campus housing options.
  • Off-campus housing includes completely furnished rooms, a living room, a kitchen, and a bathroom, as well as internet and air conditioning.

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.

Lazaridis School of Business and Economics Programs

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.

Lazaridis School of Business and Economics Application process 

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

Undergraduate Requirements

  • Official high school/ college transcripts
  • Applicant Background Summary Form
  • Proof of English Proficiency through test scores as provided in the table below:
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.

Graduate Requirements

  • Official college transcripts
  • GMAT
  • Statement of Purpose
  • Updated resume
  • Reference letters
  • English proficiency test (The required minimum score is the same as for undergraduate applications.)

Lazaridis School of Business and Economics Cost of Attendance

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

Lazaridis School of Business and Economics Scholarship

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.

Lazaridis School of Business and Economics Alumni

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:

  • Mike Lazaridis: Founder of Blackberry
  • Suresh Prabhu: Member of Rajya Sabha
  • Martin Lee Ka-shing: Co-chairman of Henderson Land Development

Lazaridis School of Business and Economics Placements

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:

  • Masters in Finance- 140,000 CAD
  • Masters in Management- 85,000 CAD
  • Financial Services- 126,000 CAD
  • Executive Management- 155,000 CAD

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.

FAQs

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.

Courses & Fees

Compare courses in a cleaner, easier way

Explore tuition, duration, language, eligibility, and exam requirements without the clutter.

Courses

5

Fee from

₹28,37,135.1

Exams

TOEFL · IELTS

Showing 2 bachelors

Overview
Degree TypeBachelor
Duration4 years
Study ModeFull Time
LanguageEnglish
Fees
Tuition FeeINR 27.5 L/Yr
Native FeeCAD 40,209 /Yr
Estimated Total₹412569
Fee trendTuition progression
Official Program Page
Admission Guide

Admission Process

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.

  • Lazaridis School of Business and Economics invites applications for fall, winter and spring sessions.
  • Undergraduate and graduate applicants have to apply through the OUAC application portal
  • The university accepts both TOEFL and IELTS scores as proof of English proficiency.
  • International applicants must complete their visa process in time.
  • Applicants must keep track of their application status.
  • The Lazaridis School offers services on Laurier's campuses in Waterloo and Brantford, as well as Toronto and Kitchener branches.

Highlights

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]

Lazaridis School of Business & Economics Admission Deadlines

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)

Lazaridis School of Business & Economics International Admissions

What are the application steps? Lazaridis School of Business & Economics offers more than 80 undergraduate programs. The application steps are as follows:

  • Step 1: Pick a program and apply online to the college
  • Step 2: Log-in to Laurier's Online Registration and Information System (LORIS)
  • Step 3: Submit all the documents listed on the LORIS account
  • Step 4: Submit an ABS (Applicant’s Background Form).

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:

  • Higher Secondary Certificate (HSC)
  • Higher Secondary School Certificate (HSSC)
  • Senior Secondary Certificate
  • Pre-University Certificate
  • Pre-Degree Certificate
  • All India and Delhi Senior School Certificate
  • Indian School Certificate Examination.

English Proficiency Requirements for International Students

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

Canada Visa Process for International Students

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:

  • Letter of acceptance from a Canadian educational institute with a valid DLI number.
  • Proof of financial support and payment of fees.
  • Valid proof of identity for every single person accompanying the family, including recent passport size photos, their name and date of birth (if any).
  • Medical fitness proof (if required).
  • Passport and its copies.
  • Application to the Embassy along with the visa fees.

Lazaridis School of Business & Economics Undergraduate Admissions

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?

  • Official high school transcripts
  • 4U English at a minimum of 60%
  • 60% in the required program.

Admission requirements for India:

  • Minimum admission range of high 80-89.9%.
  • Competitive admission range of low 90s
  • Advanced Functions at 70-73%.
  • English at 70-73%
  • One of Calculus & Vectors or Data Management at 59-60%
  • All prerequisite courses calculated in admissions average.

Lazaridis School of Business & Economics Graduate Admissions

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:

  • Official transcripts of previously attended institutes
  • GMAT score

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.

Placements & Recruiters

Lazaridis School of Business & Economics Placement Details

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.

Recruiters
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Salary Metrics
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Placement Metric

Highest Package

N/A

Represents the top salary package reported in the available placement information.

Placement Metric

Average Package

N/A

Shows the typical package range students may expect based on the available average salary data.

Placement information is currently limited.

More salary or recruiter data may be updated later for this college.

Rankings over the years

Year-wise highlights from global and country rankings available for this university.

2022

Highlights
2022
  • Management: #10 in country
  • Top source: QS
  • 1 ranked streams
  • Focus areas: Management
  • 1 ranking record in 2022

2023

Highlights
2023
  • Business: #11 in country
  • Top source: QS
  • 1 ranked streams
  • Focus areas: Business
  • 1 ranking record in 2023

2025

Highlights
2025
  • Business: #16 in country
  • Top source: QS
  • 1 ranked streams
  • Focus areas: Business
  • 1 ranking record in 2025

Contact Information

64 University Avenue West, Lazaridis Hall 4001, Waterloo, ON N2L 3C7

+1-519-884-0710