Students who fulfill the admission requirements of the MBA program at the Sprott School of Business, Carleton University (Canada) will be enrolled in the certificate in Business Analytics at INSOFE. Once these students complete the certificate, they will receive advanced standing with credit in the amount of 2.5 credits that can be applied towards the MBA at Carleton University.
Students will receive an INSOFE/Case Western Reserve University certified PGP in Business Analytics upon successfully completing all the Data Science course requirements at INSOFE. After submitting English language proficiency test scores they will gain lateral entry to the Sprott School of Business MBA Program.
Students who receive admission to the MBA program and complete their INSOFE coursework will travel to Carleton University, Canada to complete two terms of coursework and one term of internship. Upon successfully completing the MBA requirements at Carleton’s Sprott School of Business, students will be eligible to apply for a post-graduate work permit in Canada.
This unique offering is specifically designed for individuals who aspire to be data-savvy leaders. The INSOFE PGP in Business Analytics will equip you with skills to understand data and make informed decisions, while the Sprott MBA will provide the skills, experience, and global perspective needed to take on a leadership role within your organisation.
In today’s world, data is plentiful but insight is scarce. Organizations are hungry for leaders who grasp both analytics and business strategy. The unique combination of INSOFE’s PGP in Business Analytics and the Sprott MBA is designed to produce graduates who can navigate complexity, see opportunities clearly, and make a difference.
Students will enjoy an outstanding global experience—a rigorous technical foundation in India, coupled with a world-class management program and practical experience in Canada. The doors this will open for graduates are endless, whether the aim is to start a business or become a key part of a larger organization.
Dr. Robin Ritchie
Associate Professor of Marketing
Sprott School of Business, Carleton University
At Carleton University’s Sprott School of Business, we create learning opportunities and scholarships that harness the potential and opportunity for business to improve lives worldwide. Drawing upon our values of compassion, imagination and purpose, we contribute to a better world ahead through the continued provision of outstanding education, research and partnerships.
The Sprott MBA’s integrated management curriculum and active, collaborative learning environment prepares graduates to lead change and drive impact. The Sprott MBA is accredited by AACSB International.
INSOFE’s twinning agreements with 8 universities from 5 countries resulted in the PGP programs being accepted as first semester credits towards attaining graduate degrees. It is a first of its kind distinction offered to any privately started institute in India.
INSOFE is a world-class research, consulting, and graduate education institution with a deep focus on Data Science, Artificial Intelligence, and Machine Learning. Extending the horizon beyond the perception that Data Science is a specialization in computer science, INSOFE recognizes the discipline as a fundamental alternative that practices deductive science with data.
INSOFE is a specialist in data science while Sprott School of Business is a specialist in business management. This combination brings you the best of both worlds to enhance your decision making skills and business problem solving ability through the use of data science. You will be trained by world renowned professors so you can pursue an MBA and excel in two fields simultaneously.
Students enrolled in the program will receive a PGP in Business Analytics from INSOFE and an MBA from Carleton University.
- Receive hands on practical training from world renowned professors with extensive industry experience
- Internship that utilizes business decision making knowledge and data science principles to solve real world problems
- Contribute to various R&D projects that approach business management through the lens of artificial intelligence
- Eligible to apply for post graduate work permit upon successful completion of all MBA requirements
- Collaborate with people in two different countries in two niche fields
- Drastically cut down on living expenses by studying one term in India
The MBA program offered by Sprott School of Business in collaboration with INSOFE requires students to complete 8.5 credits to graduate.
Students will complete 2.5 credits with INSOFE, following which, they will travel to Canada to complete 5 credits of courses and 1 credit of internship at Sprott School of Business.
INEX - INSOFE Entrance Examination, Document Verification followed by Admission
INSOFE Courses (2.5 credits)
- Foundations of Probability and Statistics for Data Science
- Directed Independent Study and Research
- Disruptive Digital Technologies and their Real-World Applications
- Managing Projects (Project Management)
- The Art and Science of Storytelling with Data Visualizations
- Statistical Modeling for Business Managers -
- AI, ML and Social Mining for Business Managers
- Advanced Analytics Tools for Business Managers
- Essential Skills for AI Translators
- Operations Research
After completing the course at INSOFE, students recieve lateral entry into the second term at Sprott School of Business, Carleton University
Carleton Courses (6 credits)
- Financial Accounting
- Managerial Accounting
- Business Ethics
- Financial Management
- Corporate Finance
- International Business
- Managing Information Systems in Organizations
- Managing People and Organizations
- Marketing Strategy
- Strategic Concepts
- Corporate and Business Strategy
- Operations Management
- MBA Skills Workshop
- MBA elective courses
Located in the province of Ontario, Ottawa is Canada’s national capital and is home to Canada’s largest technology park – Kanata North – for which Carleton University is a proud partner. There are a great number of startups, SMEs and global technology firms looking to hire MBA graduates with Data Analytics, business management, and excellent communication skills. The average salary of a Data Analyst in Ontario province, Canada is CAD 66,663 while that of a Business Analyst is CAD 81,385, and Data Scientist is CAD 102,500.
The MBA will enable you to pursue exciting opportunities with a distinct advantage in jobs and remuneration. With the current demand for data science specialists and experts in artificial intelligence across industries, students who graduate from this program will have the opportunity to apply to the following positions in any industry of their choice.
- Data Analyst
- Principal Data Scientist
- Data Scientist
- Data Analytics Manager
- Consultant, Quantitative Analytics
- Business Orchestration Lead
- Customer Experience Specialist
- Machine Learning Analyst
- Product Manager Marketing Analytics
- Market Research Analyst
|Program Fees||53,000* CAD ( 16,000 CAD for 1st term in INSOFE, 32,000 CAD for 2nd and 3rd terms and 5000 CAD for Internship in Carleton University)|
|Scholarship||Based on the enrollment, every eligible student will be provided a guaranteed 10% scholarship on the tuition fee.|
|Loan Assistance||100% education loan assistance from 13 leading banks|
Students enrolled in the MBA program at Carleton University are also eligible to receive a merit scholarship during their coursework with INSOFE.
Our counsellors will assist you with details.
“The best way to learn about INSOFE programs and pursue a MBA with a specialization in Business Analytics with Carleton University is to attend the Live & Free information sessions. Our senior-most advisors and faculty explain the data science programs in simple and clear terms and answer all your questions.
If you already know a program to study, you can call us or have us call you”
Studying abroad is not just about mastering data science concepts and the connections you make at the university. As a graduate student you still get plenty of opportunities to explore the non-academic aspects of life in Canada. Don’t hesitate to step out of your comfort zone to explore the city and the university before hitting those books.
Ottawa is ranked as one of the safest cities to live in with highly diverse and multicultural experiences available for people with varied interests. Whether you’re an avid artist, a nature enthusiast, a museum aficionado or a food connoisseur you can find something to meet each of those interests. Check out this link to see the different options available on and off-campus to create that perfect work-life balance for your study abroad experience with Carleton University.
I am from a non-STEM background and interested in pursuing an MBA, can I apply to this program?
Yes, you can! You do not need prior experience in computer programming or a background in engineering to apply for an MBA at Carleton University. INSOFE will provide training in the foundations of data science and programming for one semester prior to sending you to Carleton University.
I do not have any work experience; can I still apply to do the MBA?
Yes, you can! The course is designed for students from all educational and professional backgrounds.
Do I need GRE, GMAT, IELTS, and/or TOEFL?
You need to take the INSOFE entrance examination (INEX), your score on that test will determine your eligibility to INSOFE admission.
The GMAT and GRE scores have been waived by the university (only for Fall 2021 cohort). However, you need to submit a GMAT waiver form in lieu of your scores when submitting the application to Carleton University. Contact an INSOFE advisor to receive the Sprott School of Business, Carleton University waiver form.
Additionally, you will need to submit one of the following English language proficiency test scores when applying to Carleton University.
- CAEL minimum score required is 70
- TOEFL IBT minimum score is 87 (with a minimum of 22 in each component)
- IELTS overall band score minimum of 6.5 and a minimum of 6.0 in each band score
- Pearson Test of English (PTE) 60 overall (minimum 60 in each communicative skill)
Refer to this link to understand more about English language proficiency requirements at Carleton University: https://graduate.carleton.ca/international/english-second-language/
Are there any prerequisites to get into the program?
Carleton University requires that a student have a 4-year bachelor’s degree after high school when applying to the MBA. However, there is no restriction on the student’s educational background, it can be in any field.
How can I apply to the program?
After passing the INSOFE entrance exam, you must complete 2.5 credits worth of classes in India. During which time, INSOFE will help you apply to the MBA at Sprott School of Business in Carleton University.
Submit your application here: https://graduate.carleton.ca/apply-online/
Make sure to attach all the specified documents as well. You will receive an email from Sprott School of Business, Carleton University regarding the status of your application.
Will a good INEX score guarantee admission to Carleton University?
INEX is used only to assess admission to the INSOFE PGP.
To receive admission to the MBA program, students have to send in a separate application to Carleton University, pay 150 CAD application fee, and submit all the required documents.
Refer to this link to understand which documents need to be submitted along with the application: https://sprott.carleton.ca/mba/mba-admissions/
While INSOFE will guide you on the process, admission to the program at Sprott School of Business, Carleton University is subject to the University’s discretion and cannot be guaranteed by INSOFE.
What is the duration of the program?
The first 2.5 credits will be offered in India over one term following which you will go to Canada to complete the remaining 6 credits over 3 academic terms at Sprott School of Business, Carleton University.
How are the fees calculated?
The entire MBA costs 60,000 CAD for the academic year 2022. Students who enroll through INSOFE will receive a 10% scholarship applied to the tuition fee upon receiving admittance to the MBA degree
Is there any financial assistance available?
All INSOFE students registered for an MBA at Sprott School of Business, Carleton University are eligible to receive 100% loan from any of the 13 leading banks in India. We can help connect you with a bank so you may pursue the MBA without hassle.
What visa will I get to do this program?
The MBA is a recognized post-graduation program that is eligible for a Canadian study permit. Refer to this link to understand how to apply for the study permit:
Indian students are eligible to apply for a faster processing time through Student Direct Stream option: https://www.canada.ca/en/immigration-refugees-citizenship/services/study-canada/study-permit/student-direct-stream/eligibility.html
Will I receive career service assistance?
Data Science jobs are the most in demand jobs with a predicted 11.5 million jobs to be created by 2026. While Carleton University has excellent career services, the onus is also on the student to find an appropriate job upon completing the degree.
Will I get a chance to work in Canada after graduating from the program?
Students who successfully complete all the program requirements at Sprott School of Business, Carleton University and graduate with an MBA degree are eligible to apply for post-graduate work permit in Canada.
Refer to this link to understand more about work permits in Canada:
Are the classes in person or online?
Students have the option to complete the INSOFE classes online following which they will travel to Carleton University to attend in person classes.
All in person classes at both INSOFE and Sprott School of Business will adhere to COVID-19 safety precautions and protocols.