Masters in Artificial Intelligence in Canada; Fees, Top Colleges, Placements & Salaries (2023)
Overview
Canada is one of the hotspots for pursuing a master's in Artificial Intelligence because it houses some of the best universities as well as has a high demand for AI professionals in multiple industries. This article covers all the major factors that are considered for doing a master's in Artificial Intelligence in Canada. These factors include the best universities in Canada, positive prospects for AI graduates from Canada, the admission criteria, costs of doing masters in AI, placement statistics, returns on investment and a comparative study between countries to pursue a master's in AI.
Introduction
Artificial Intelligence is a very hot topic in terms of technological innovations and is rapidly influencing a wide range of industries. Canada is a technologically advanced country that heavily invests in AI and also has a very high demand for integrating AI in multiple industries. This has led to the creation of numerous AI-based jobs in Canada. Therefore, pursuing a master's in Artificial Intelligence in Canada can prove to be very helpful in honing the high-demand AI skills and reaping the excellent career opportunities available in this domain. There are many universities for pursuing a master's in Artificial Intelligence in Canada with excellent placement opportunities and high returns on investment. In the following sections, we present all the major factors to be considered to pursue a master's in Artificial Intelligence in Canada. These factors include the best universities for pursuing a Master in Artificial Intelligence in Canada, positive prospects for AI graduates from Canada, the admission criteria, costs of doing a Master in Artificial Intelligence in Canada, placement statistics, returns on investment and a comparative study between countries to pursue masters in Artificial Intelligence in Canada.
Best Universities for Masters in Artificial Intelligence in Canada
Masters in Artificial Intelligence in Canada is generally done with the degree of MS in Canada. This degree course is provided as a specialisation of Computer Science & Engineering and Data Science. The following table furnishes the details of the universities that are ranked best for providing Masters in Artificial Intelligence in Canada according to QS World University rankings 2023.
| University | Program offered | QS World University Ranking 2023 |
|---|---|---|
| University of Toronto | MS in Applied Computing- Artificial Intelligence | 34 |
| University of Alberta | MS in Computing Science - Artificial Intelligence | 110 |
| University of Waterloo | MS in Data Science and Artificial Intelligence | 154 |
| University of Ottawa | Master of Computer Science: Applied Artificial Intelligence | 237 |
| Queen's University at Kingston | MASc in Artificial Intelligence | 246 |
| York University | Master of Management in Artificial Intelligence | 456 |
| University of Guelph | MASc, MS in Collaborative Specialisation in Artificial Intelligence | 591-600 |
| George Brown University | Graduate Certificate in Applied A.I. Solutions Development | 1301 (2022) |
| Lakehead University | MS in Computer Science- Artificial Intelligence | Not Available |
Why Study Master in Artificial Intelligence in Canada?
There are numerous positive prospects for someone who takes up Masters in Artificial Intelligence in Canada. Canada is one of the growing hotspots for Artificial Intelligence-based jobs in various industries and is relatively more technically advanced than other countries. Over time, it is anticipated that billions of dollars will be invested in the development of Artificial Intelligence and Cognitive Intelligence in Canada. This will lead to the creation of multiple AI-based job roles. The number of AI professionals has grown by multiple orders in recent years, reflecting the evidence of growth in the number of AI-based jobs. Multiple sectors, like health, ICT etc., are rapidly adopting AI for the betterment of service deliveries and hence creating opportunities for AI professionals. Therefore, a master's in Artificial Intelligence in Canada can prove to be very helpful in honing the required AI skills for this high-demand industry. As reported in an article, there are multiple stats that support the positive prospects presented above.
- There are more than 800 Artificial Intelligence-based companies with highly skilled human capital in Canada. Therefore, Canada is a prominent research hub for Artificial Intelligence and provides opportunities for excellent career growth.
- In the upcoming five years, 35,000 AI-based jobs will be created in Canada from private, public and academic fronts.
- Pursuing a master's in Artificial Intelligence in Canada can lead to a wide range of career opportunities. AI Graduates from Canada earn significantly high salaries in the range of 80,000 CAD (49 lakhs INR) to 120,000 CAD (73 lakhs INR).
- Canada has a very less unemployment rate of 5.29%, which indicates an abundance of job opportunities for graduates.
Masters in Artificial Intelligence in Canada: Admissions
Different universities have different criteria for admission to Masters in Artificial Intelligence in Canada. However, all of them roughly have some common requirements, which are stated as follows.
- Bachelor's Degree (3 or 4 years) in Computer Science & Engineering or Data Science or Statistics or other relevant subjects.
- A minimum GPA of 3.0 (83-86%) is essential for getting admission to Masters in Artificial Intelligence in Canada.
- Except for a few colleges, GRE scores need to be submitted by the applicants, especially non-Candian residents. On average, the cutoff of GRE scores is 300.
- English Proficiency Test Score: International applicants are required to present evidence of their English language proficiency with a minimum score of 90 on TOEFL or 7.0 on IELTS.
- Statement of Purpose (SOP) / Essay: This reflects the credentials of the applicant and their ability to pursue a master's in Artificial Intelligence in Canada. This might comprise past projects or work experience in Artificial Intelligence.
- Letter of Recommendation (LOR): At least 2 LORs are required along with the information about the providers of the LORs.
Admission Requirements
The following table presents the admission requirement details for the best universities providing master's in Artificial Intelligence in Canada.
| University | Academic Requirement | GRE Score | TOEFL Score | Additional Doocuments | Application Deadline 2023 |
|---|---|---|---|---|---|
| University of Toronto | Bachelor’s degree in Computer Science or related subjects. | Minimum 80th percentile for Verbal (158+) or 95th percentile for Quantitative (168+). | TOEFL – 93 with 22 in writing and speaking |
| April 30, 2023 |
| University of Alberta | A four-year undergraduate degree | Minimum 60% and above | Minimum score of 310 | Minimum 100 with 21 in all sub-sections |
| March 1, 2023 |
| University of Waterloo | Bachelor's degree or equivalent in Computer Science, Data Science, Statistics, Mathematics or another relevant field with a minimum average score of 78%. | Not required | TOEFL 100 with writing 26, and speaking 26 |
| January 15, 2023, |
| the University of Ottawa | 4 years of Bachelor’s in relevant subject | With minimum 70% or B grade | - | Minimum 98 score in iBT Or minimum 100 scores in paper-based |
| April 30, 2023, |
| Queen's University at Kingston | Honors Bachelor degree | First class or higher, i.e., more than 60% | Not required | TOEFL minimum 88 with 24 in writing, 22 in speaking, 22 in reading and 20 in Listening |
| January 15, 2023, |
| York University | 4 years Bachelor’s degree | First class degree (minimum 60%) | At least 50th percentile in all measures, i.e., 300 and above overall | TOEFL Computer: 220 Paper: 560 iBT: 83-87 |
| February 15, 2023, |
| George Brown University | Bachelors with minimum 60% in a relevant subject | Not required | TOEFL minimum 88 with 22 in all components |
| February 1, 2023 |
| University of Guelph | Bachelors with minimum 55% | Not required | TOEFL- minimum 89 with 21 each in the components |
| June 1, 2023 |
| Lakehead University | Four years Bachelor’s Degree | Required | TOEFL iBT- minimum 80 with 19 in each component. | 1. Transcript 2. 3 LORs 3. Resume / CV 4. Proof of graduation 5. Statement of Purpose | February 1, 2023 |
Masters in Artificial Intelligence in Canada: Costs
The cost of pursuing a master's in Artificial Intelligence in Canada comprises two main components namely tuition fees and the cost of living. Both these components are presented in detail below.
Tuition Fees
The tuition fees for doing a master's in Artificial Intelligence in Canada can range from a minimum of 28,041 CAD (17 lakhs INR) to a maximum of 68,500 CAD (68 lakhs INR). As reported by the article, the following table furnishes the details of the tuition fees of the best universities offering masters in Artificial Intelligence in Canada.
| University | Tuition Fees in CAD | Tuition fees in INR |
|---|---|---|
| University of Toronto | 68,500 | 42 Lakhs |
| University of Alberta | 12,240 | 7.5 lakhs |
| University of Waterloo | 22,416 | 13.7 lakhs |
| University of Ottawa | 12,104.34 | 7.4 lakhs |
| Queen's University at Kingston | 66,390.00 | 40.7 lakhs |
| York University | 28,041 | 17.20 lakhs |
| George Brown University | 17,903 | 10.9 lakhs |
| University of Guelph | 20,512 | 12.5 lakhs |
| Lakehead University | 17,022 | 10.4 lakhs |
Cost of Living in Canada
There can be various components of the cost of living like accommodation, travel expenses, personal expenses, meals etc. This also depends on the location, course level, and university, along with multiple other factors. On average, the cost of living of an international student pursuing a master's in Artificial Intelligence in Canada is about 1,987 CAD (1.19 lakhs INR). The breakup of this average cost of living is shown in the following table.
| Expense Type | Average Cost in CAD | Average Cost in INR |
|---|---|---|
| Accommodation | 1,037 | 62,465 |
| Food | 290 | 17,471 |
| Transport | 107 | 6,446 |
| Internet | 80 | 4,819 |
| Books and Supplies | 163 | 9,818 |
| Miscellaneous | 310 | 18,673 |
Masters in Artificial Intelligence in Canada: Scholarships
Canadian government and universities provide scholarships to international students to ease up their financial burden. The following table lists some of the renowned scholarships available for those pursuing a master's in Artificial Intelligence in Canada.
| Scholarship | Awarded By | Eligibility | Scholarship Amount |
|---|---|---|---|
| The Lester B. Pearson International Student Scholarships | University of Toronto |
| Tuition fee waived |
| Faculty of Applied Science & Engineering Admission Scholarships (various awards) | University of Toronto |
| maximum of 5,000 CAD |
| U of T Engineering International Scholarships | University of Toronto |
| 25,000 CAD x 4 years |
| University of Waterloo Scholarship | University of Waterloo |
| up to 10,000 CAD |
| University of Alberta Graduate Entrance Scholarship | University of Alberta |
| 17,500 CAD |
Masters in Artificial Intelligence in Canada: Placements
Students who pursue a master's in Artificial Intelligence in Canada find ample job opportunities. Moreover, the number of AI-based jobs is increasing day by day because of the increased demand for AI adoption from industries like healthcare, retail, finance, manufacturing and many more. The following table enumerates the most preferred jobs after a master's in Artificial Intelligence in Canada.
| Job role | Salary in CAD | Salary in INR |
|---|---|---|
| Machine Learning Engineer | 83,000 | 51 lakhs |
| Data Scientist | 78,000 | 47 lakhs |
| Analytics Analyst | 58,000 | 35 lakhs |
| Android Software Developer | 70,000 | 43 lakhs |
| Hardware Engineer | 60,000 | 36 lakhs |
| IT Director | 124,000 | 76 lakhs |
| Operations Analyst | 55,000 | 34 lakhs |
Masters in Artificial Intelligence in Canada: ROI
The return on investment for pursuing a master's in Artificial Intelligence in Canada can be very lucrative for those interested in AI due to the excellent career opportunities and the handsome salaries given to AI graduates. The ROI can vary depending upon various factors like the university, tuition fees, initial compensation and career development scope. The ROI for the top universities offering masters in Artificial Intelligence in Canada are listed below.
| University | Total Tuition fee in CAD | Average Graduate salary in CAD |
|---|---|---|
| University of Toronto | 22,833 | 82,224 |
| University of Alberta | 12,240 | 69,000 |
| University of Waterloo | 22,416 | 67,000 |
| George Brown University | 17,903 | 51,000 |
| University of Ottawa | 12,104 | 67,000 |
| IT Director | 124,000 | 125,000 |
| Operations Analyst | 55,000 | 56,000 |
Masters in Artificial Intelligence in Canada: Degree Comparison by Country
Two of the prominent global hotspots for pursuing a master's in Artificial Intelligence are Canada and the United States of America. Therefore, we have given a comparative study between these two countries in terms of the prospects of an AI graduate.
| Parameter | Masters in Artificial Intelligence in USA | Masters in Artificial Intelligence in Canada |
|---|---|---|
| Duration | 1 to 2 years (usually 3 to 4 semesters) | 1-2 years |
| Eligibility | Bachelor’s degree in any field, 2 LORs and Statement of Purpose | 3-4 years Bachelor’s degree in Computer Science & Engineering or related degree |
| Academic Standing required | A minimum overall aggregate of 50% in general (might vary across different universities) | Minimum 1st Division or B+ grade in general (might vary across different universities) |
| Exams Required | IELTS (7.0) or TOEFL (80); GRE (320 or more, upper 50th percentile) or GMAT equivalent | GRE Scores: Minimum 80th percentile for Verbal (158+) | 95th percentile for Quantitative (168+) | TOEFL 90+ | IELTS: 7.0 |
| Work Experience | 1-2 years (recommended; not mandatory) | 1-2 years (recommended; not mandatory) |
| Tuition Fees | 26,000-82,000 USD (21.16-66.74 lakhs INR) per year | 28,041 to 68,500 CAD (17 lakhs to 42 lakhs INR) |
| Average Salary | 92,000 USD (75 lakhs INR) per year | 102,000 CAD (63 lakhs INR) |
| Top Recruiters | Google, Amazon, Apple, Adobe, Facebook, Intel Corporation, IBM, Zillow | Amazon, BioWare Corp, Electronic Arts, IBM, Microsoft, Yahoo!, Google, CodeBaby, Telus, Syncrude, Intuit Canada |
FAQs
Q. Is Canada Good For MS In Artificial Intelligence?
A. Yes, Canada is a prominent hotspot for pursuing a master's in Artificial Intelligence. Canada has a very high demand for AI-based jobs in multiple industries and also provides AI graduates with excellent career opportunities.
Q. Which Institute Is Best For Masters In Artificial Intelligence In Canada?
A. According to QS World University Rankings 2023, some of the best institutes to pursue a master's in Artificial Intelligence in Canada are as follows.
- University of Toronto
- University of Alberta
- University of Waterloo
- University of Ottawa
- Queen's University at Kingston
- York University
- George Brown University
- University of Guelph
- Lakehead University
Q. Is Artificial Intelligence In Demand In Canada?
A. Yes, there is a very high demand for Artificial Intelligence in Canada. In the upcoming years, billions of dollars are expected to be invested in the domain of Artificial Intelligence in Canada. This would lead to the creation of numerous AI-based jobs. Further, many industries are adopting AI for the betterment of their service deliveries. This would further fuel the demand for Artificial Intelligence in Canada.
Q. What Is The Cost Of Studying For Masters In AI In Canada?
A. The cost of studying depends on the tuition fees and the cost of living. While the cost of living more or less remains similar, tuition fees vary across different universities. On average, it can vary from 28,041 to 68,500 CAD (17 lakhs to 42 lakhs INR) per year.
Q. What Is The Highest Salary Received By AI Engineers?
A. As per payscale.com, the highest salary of an Artificial Intelligence Engineer after graduating from Canada can go as high as about 110,000 CAD (67 lakhs INR) and on average, it ranges between 72,000 CAD and 123,000 CAD (44 lakhs to 75 lakhs INR).
Conclusion
In this article, we illustrated the following factors of pursuing a master's in Artificial Intelligence in Canada.
- Best universities for doing masters in Artificial Intelligence in Canada according to QS World University Rankings 2023 including University of Toronto, University of Alberta, University of Waterloo and many more
- Positive prospects of AI-based jobs due to anticipated multi-billion dollar investments in AI and high demand for AI across multiple industries like healthcare, retail etc in Canada
- Admission criteria for the top universities in Canada including the required documents like transcripts, LORs, SOP, GRE scores etc.
- University-wise tuition costs and cost of living for pursuing a Master in Artificial Intelligence in Canada
- Renowned scholarships provided by top universities for masters in AI
- Placement statistics for postgraduates in various AI-based jobs like Machine Learning Engineer, Data Scientist and many more from Canada
- High return on investment in masters in Artificial Intelligence in Canada in terms of placement packages
- Comparison between masters in AI in USA and Canada in terms of various factors like eligibility, duration etc.