About Business in Lakehead University
Lakehead University’s Faculty of Business Administration has one of the finest undergraduate business programs in Canada, producing exceptional business leaders through innovative programming that includes mentorship, consulting opportunities, and participation in national and international business competitions.
All students gain a comprehensive understanding of core business disciplines early in the program before digging deeper into fields of study that offer a range of advanced courses.
Our Faculty of Business Administration’s Thunder Bay campus has joined the ranks of elite business schools by earning our Association to Advance Collegiate Schools of Business (AACSB) certification. Fewer than 5% of business programs worldwide have been accredited with the AACSB certification. This globally-recognized hallmark of excellence guarantees you will experience a challenging and relevant curriculum delivered by the most highly-qualified faculty.
We are also accredited by the Chartered Professional Accountants (CPA) of Ontario, with all Accounting majors meeting the requirements of the CPA Prerequisite Education Program (PREP) upon graduation.
Human Resources Management majors graduate with the required courses for use toward one of the Certified Human Resources designations (CHRP, CHRL, CHRE) as approved by the Human Resources Professionals Association (HRPA).
Minors are available for Honours Bachelor of Commerce students in their third or fourth years in either Accounting, Business Finance, Human Resources/Industrial Relations, Information Systems or Marketing.
Academic qualification equivalents
- Successful graduation from an academic secondary school program or equivalent (For most countries, the same academic preparation as is required for university entrance in that country is required for consideration.
- Program-Specific Prerequisite courses completed at the senior level (e.g. Grade 12);
English language requirements (one of the below):
- IELTS: 6.5 (no individual score less than 6.0)
- TOEFL: iBT 80
- PTE: 58 (no component score less than 50)
Lakehead University Highlights
University type |
Public |
Rank |
9th in Canada in undergraduate study |
Courses |
80 undergraduate and around 20 graduate courses |
No. of Campuses |
2 (one each in Thunder Bay and Orillia) |
Employment rate |
Average rate of 94% |
Application Fee |
101 USD1 for undergraduate courses |
Accepted Tests |
GMAT/GRE |
English Language Proficiency Tests |
TOEFL/IELTS or equivalent |
Financial Aid for International Students |
Available as Scholarships and Bursaries |
Lakehead University Average Tuition Fees And Other Expenses
Estimated idea of other living expenses excluding tuition fee are listed as follows:
Name of Expenditure |
Cost (in USD per year) |
Avg.Tution Fees |
$17,800 |
Accommodation |
2,250 to 5,475 |
Books and Supplies |
1,875 |
Transportation (Bus Pass) |
150 |
Groceries |
2,250 |
Mobile |
720 |
Others |
1,080 |
Total |
8,325 to 11,550 |